Today there are thousands of mutual funds for investors to choose from and they continue to be a popular way to invest.
Most investors are aware of the Open-end mutual fund.
This is the most common form of mutual fund today. However, not all investors are aware of the Closed-end mutual fund. Let s take a look at these two types of mutual funds, as well as their differences, advantages, and disadvantages. As you are probably aware, a mutual fund involves the collection and grouping together of investor s money to buy a package of stocks or bonds. The money is pooled together from many investors, and a money manager is chosen to purchase the group of stocks or bonds that will make up the set of assets for the Open-end mutual fund.