Which of the following is an advantage to investors of an open-end mutual fund? | Faculties

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Praveen Singh

🎓 Tutor III ⭐ 36.81K Points

📊 Financial Markets and Institutions

Q. Which of the following is an advantage to investors of an open-end mutual fund?

(A) Once all the shares have been sold, the investor does not have to put in more money.
(B) The investors can sell their shares in the over-the-counter market with low transaction fees.
(C) The fund agrees to redeem shares at any time.
(D) The market value of the fund’s shares may be higher than the value of the assets held by the fund.

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✅ Correct Answer: (C) The fund agrees to redeem shares at any time.

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