Investorsbuysharesfromorsellsharesto otherinvestors

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Unformatted text preview: . 1) Fixed number of shares of each fund. 2) Shares trade on a stock exchange. Investors buy shares from or sell shares to other investors. 3) Relatively uncommon. 1) Shares are created or destroyed depending on demand. 2) Shares trade on a stock exchange. Investors buy shares from or sell shares to other investors. 3) Have experienced rapid growth recently. An investment company offering a number of different mutual funds 1) Invests in money market securities 2) The value of the shares are generally h...
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This document was uploaded on 03/05/2014 for the course FIN 352 at CSU Northridge.

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