Which is the following statement is true regarding open-end investment? Companie

ID: 2613470 • Letter: W

Question

Which is the following statement is true regarding open-end investment?

Companies invest in securities and assets of other firms that have a fixed supply of shares outstanding.

The supply of shares in the fund is not fixed but can increase and decrease daily with purchases and redemptions of shares.

Money is not redeemable from the fund, instead, shares can be purchased or sold in the stock market.

Please be accurate in your answer. Thank you

Companies invest in securities and assets of other firms that have a fixed supply of shares outstanding.

The supply of shares in the fund is not fixed but can increase and decrease daily with purchases and redemptions of shares.

Money is not redeemable from the fund, instead, shares can be purchased or sold in the stock market.

B. The supply of shares in the fund is not fixed but can increase and decrease daily with purchases and redemptions of shares.

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.