MUTUAL FUNDS

EXCHANGED TRADED FUNDS

An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading… Learn More

CLOSED-END FUNDS

A closed-end fund (or closed-ended fund) is a collective investment scheme with a limited number of shares. It is called a closed-end fund (CEF) because new shares are rarely issued once the fund has launched and because… Learn More

OPEN-END FUNDS

An open-end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing… Learn More