Closed End Investment Company
 Fund Directors Guidebk/2e Written for directors of open-end investment companies (typically referred to as mutual funds) and closed-end funds, this new edition offers suggestions to assist directors in their roles and obligations.
Closed-end fund - A closed-end fund is a collective investment scheme with a limited number of shares. Trust Fund Manager - The supervisor of a pool of investment capital such as that held by a mutual fund, pension fund, or closed-end investment company. The fund manager trades investments on behalf of the fund owners that adhere to stated investment objectives. Open-end fund - An open-end(ed) fund is a collective investment which can issue and redeem shares at any time. An investor can purchase shares in such funds directly from the mutual fund company, or through a brokerage house. Investment company - An investment company is a company whose main business is holding securities of other companies purely for investment purposes.
closedendinvestmentcompany
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