Sentences with phrase «generally redeem shares»

Unlike an open - end fund, a closed - end fund does not issue more shares after its initial offering, nor does it generally redeem shares.

Not exact matches

ETFs and mutual funds are generally open - ended funds in that their owners can redeem their shares for their net asset value at any time.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund.