Since closed - end funds have
a finite number of shares available for trading, their share prices are more likely to deviate from NAV based on investor demand for shares in an individual closed - end fund.
In this instance, a company issues
a finite number of shares through an initial public offering (IPO), and possibly subsequent additional offerings, which then trade in the secondary market.
They are launched with
a finite number of shares, and if you want to invest in the fund you have to buy your shares from another investor who is willing to sell.
I have this Jodi - let me know if you like it: The closed - end funds are mutual funds that issue only
a finite number of shares for public consumption.
Not exact matches
The project is bound by the Decred Constitution, so users can know what to expect: a
finite number of coins, decentralized governance and a place to
share their views.
In reality, there are only a
finite number of times to enjoy
shared meals, bedtime stories or sunsets... but usually we treat these as inexhaustable!