The following information is intended to provide investors with a better understanding of the distinct features of closed-end funds.
Such funds are referred to as "closed-end" because once the initial capital is raised, there are typically no more shares available from the fund sponsor.Why Closed-End Funds are called "Closed"
Investors sometimes confuse mutual funds with “closed-end” funds. While there are a number of similarities, there are also quite a few important differences.Understanding the Basics of Closed-End Funds
There are several characteristics of closed-end funds that can help investors meet their investment goals.Key Advantages of Closed-End Funds
Closed-end fund shares carry specific risks and expenses investors should understand.Some Important Risk Information About Closed-End Funds
The financial world uses a number of words and phrases not in everyday usage. Aberdeen has compiled a comprehensive list to clarify these terms and assist your decision making.Jargon Buster