question archive All of the following investment company securities are redeemable EXCEPT: A open end fund shares B fixed unit investment trusts C closed end fund shares D non-fixed unit investment trusts
All of the following investment company securities are redeemable EXCEPT: A open end fund shares B fixed unit investment trusts C closed end fund shares D non-fixed unit investment trusts
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All of the following investment company securities are redeemable EXCEPT:
A
open end fund shares
B
fixed unit investment trusts
C
closed end fund shares
D
non-fixed unit investment trusts
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rate positively .
correct anwer is option c)Closed end fund shares
Closed end fund shares are not redeemable rather they are traded on stock exchange.
