Closed Ended FundA closed ended fund (closed ended mutual fund) or a closed ended investment is a type of fund that is traded very differently then open ended funds. Simply put this is a type of fund that is traded freely on the open market just like a stock. Usually a fund like this raises a fixed amount of capital through Initial Public offering (IPO) before starting out. Unlike regular stocks a fund that is closed ended is composed of a wide variety of equities which are constantly being bought or sold and the price of the equity is affected by that. While there is a large variety of different funds that concentrate on different markets and sectors here is a small list. ADF – Income Fund AGD – Global Fund AMO – All Market Fund BOE - Long Term Fund CFD – Income Fund DUC – Income Fund FFC - Income Fund FXBY – Growth Fund JFTH – Financial Fund KSM - Income Fund PCF – Covertible Stock Fund PGP - Global Fund RCG –Growth Fund RVT - Value Fund XHB – Real Estate Fund |
