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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Devora

1 months ago

Open-end funds? I'm more of a 'close the books and call it a day' kind of person. This question is really making me scratch my head.

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Leigha

19 days ago

I understand, closed-end funds have a fixed number of shares and trade on the stock exchange.

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Cherrie

23 days ago

I prefer open-end funds because they allow for continuous investment and redemption.

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Pete

1 months ago

Open-end funds, huh? I'm open to learning more, but I hope they don't keep me up all night wondering about the answer.

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Glory

21 hours ago

They are priced at the end of the trading day based on the net asset value of the fund's holdings.

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Georgene

18 days ago

Open-end funds are mutual funds that are open to new investors and can issue new shares at any time.

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Shaun

1 months ago

I thought open-end funds were the ones where you have to hold the door open for the money to come in. Clearly, I need to brush up on my financial terminology.

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Domitila

2 months ago

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

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Rolande

2 months ago

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

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Candra

2 months ago

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

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Glory

11 days ago

Just be aware of the potential risks and fees associated with open-end funds.

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Jamal

21 days ago

That's right! It's a flexible investment option compared to closed-end funds.

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Lonna

24 days ago

So you can buy or sell shares in an open-end fund whenever you want.

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Callie

1 months ago

Yeah, it's a way to invest in a variety of securities without having to pick individual stocks.

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Merilyn

1 months ago

It's actually a type of mutual fund where investors can buy and sell shares at any time.

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Alyce

1 months ago

It's actually a type of mutual fund that can issue and redeem shares at any time.

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Yan

2 months ago

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

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