Independent Financial Advisor at Promiseland Independent
What's the question? The difference is one is open ended (open for new subscriptions) and the other is closed ended (all available shares have been released and you have to buy from another holder unless the fund manager opens it up again) and traded on the stock exchange.
What's the question? The difference is one is open ended (open for new subscriptions) and the other is closed ended (all available shares have been released and you have to buy from another holder unless the fund manager opens it up again) and traded on the stock exchange.