Which one of the following invests in a portfolio that is fixed for the life of the fund?
Thus, land and buildings, installations and machinery, automobiles, furniture, jewellery, circulation permits, goodwill, rental rights, patents, trademarks, shares, bonds, titles , shares, mutual funds, zero coupon bonds, etc. are fixed assets. How do you redeem closed-end mutual funds? Closed-end mutual funds, as the name suggests, are closed for subscription and sales after initial subscriptions through …