CFA Institute Exam CFA-Level-I Topic 2 Question 4 Discussion

Actual exam question for CFA Institute's CFA-Level-I exam

Question #: 4
Topic #: 2

[All CFA-Level-I Questions]

Open-end funds

Ahave shares that trade on secondary exchanges.

Bnever charge redemption fees for share redemptions.

Csometimes charge sales fees for share sales.

Dnever charge sales fees for share sales.

Show Suggested Answer

Suggested Answer: C

by Alease at Sep 15, 2024, 06:53 PM

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3 days ago

I'm not sure about open-end funds, I need to research more before forming an opinion.

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4 days ago

I prefer open-end funds because they offer liquidity and professional management.

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6 days ago

Open-end funds? Sounds like a never-ending financial rabbit hole to me!

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16 days ago

I think open-end funds are a good option for long-term investors.

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