What is an open-ended mutual fund? – McqOptions

MCQOPTIONS

1.	What is an open-ended mutual fund?
A.	It is the one that has an option to invest in any kind of security
B.	It has units available for sale and repurchase at all times.
C.	It has an upper limit on its NAV
D.	It has a fixed fund size
Answer» C.

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