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Closed-End Funds# Investment - 投资
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Closed-End Funds
A "closed-end fund," legally known as a "closed-end company," is one of
three basic types of investment company. The two other basic types of
investment companies are mutual funds and Unit Investments Trusts (UITs).
Here are some of the traditional and distinguishing characteristics of
closed-end funds:
* Closed-end funds generally do not continuously offer their shares for
sale. Rather, they sell a fixed number of shares at one time (in the initial
public offering), after w
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