Finance

Difference Between Open-Ended Mutual Funds and Closed-Ended Mutual Funds (With Table)

We often hear the term ‘mutual funds’ being used in bank advertisements regarding loan policies, well it is a financial pool that collects money from many people and invests it in bonds, stocks, or other assets. They are put to use for generating emergency funds and money for retirement. Open-Ended and Close Ended are the …

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