Q. The difference between open-end and closed-end mutual funds is: (Solved)
1. The total number of shares under management grows and shrinks for open-end funds, but is fixed for closed-end funds
2. Open-end funds can be purchase in a variety of international markets while closed- end funds can only be purchased in their home market
3. The total number of shares under management grows and shrinks for closed-end funds, but is fixed for open-end funds
4. Open-end funds contain securities from various countries while closed-end funds
- c. The total number of shares under management grows and shrinks for closed-end funds, but is fixed for open-end funds