It have be said that heaps closed-end funds are "worth more motionless than alive". What does this be a sign of?
Just wonderin!
Answers: A closed end fund is one that trades resembling a stock rather than a mutual fund. Better bad dead is because as a rule they trade at a discount to the value of the holdings so if the fund terminated it would be worth more when adjectives the investments were sold than it be as a unit.
"Closed" scheme...closed to new investors. And it is a poor fund (losing money). So possibly it is better off unmoving (i.e. cash contained by now) than alive.
Hope this helped.
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Answers: A closed end fund is one that trades resembling a stock rather than a mutual fund. Better bad dead is because as a rule they trade at a discount to the value of the holdings so if the fund terminated it would be worth more when adjectives the investments were sold than it be as a unit.
"Closed" scheme...closed to new investors. And it is a poor fund (losing money). So possibly it is better off unmoving (i.e. cash contained by now) than alive.
Hope this helped.