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Actively-Managed Mutual Fund Assignment

Author:
February 19th, 2020

Which of the following terms refers most closely to the following definition: an actively-managed mutual fund that issues a fixed number of shares at inception that are not repurchased by the issuing company but are traded on the secondary market (like the New York Stock Exchange) based on supply and demand for the shares:

Group of answer choices

Closed-End Fund

Open-End Fund

Externally-Traded Fund

Diamond Investment Trust

Non-Returnable Investment Trust. Get Finance homework help today

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