Fcs 340 final Study guides, Class notes & Summaries

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER Closed- shares issued by an investment company only when fund is organized Open- shares issued and redeemed by the investment company at the request of investors What is the net asset value? When is the net asset value calculates? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fu...

FCS 340 Final Exam | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version What is a closed-end mutual fund? What is an open-end mutual fund? - Closed- shares issued by an investment company only when fund is organized Open- shares issued and redeemed by the investment company at the request of investors What is the net asset value? When is the net asset value calculates? - value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - Load...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER Closed- shares issued by an investment company only when fund is organized Open- shares issued and redeemed by the investment company at the request of investors What is the net asset value? When is the net asset value calculates? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fund...

What is a closed-end mutual fund? What is an open-end mutual fund? - Closed- shares issued by an investment company only when fund is organized Open- shares issued and redeemed by the investment company at the request of investors What is the net asset value? When is the net asset value calculates? - value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - Load- a mutual fund where investors pay commission every time they buy shares No-load- individ...