Reported 3 days ago
An open-end fund is a type of mutual fund that allows investors to buy and sell shares directly through the fund at its net asset value (NAV), which is calculated daily. Managed by professionals, these funds provide diversification and liquidity, making them accessible to a wide range of investors. While offering low minimum investment requirements, open-end funds also have risks such as management fees and market volatility. Investors should evaluate their financial goals and consider the advantages and disadvantages before investing.
Source: YAHOO