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What is an closed-end investment fund?

April 26, 2017closed-end fund Investment

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What is an closed-end investment fund?

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One with a pre-determined closing date, on which the fund’s assets must be realised and the proceeds distributed back to the subscribers. Closed-end funds are normally used by groups of private investors, often working in ‘limited partnerships’ for tax reasons.

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– One with a pre-determined closing date, on which the fund’s assets must be realised and the proceeds distributed back to the subscribers. Closed-end funds are normally used by groups of private investors, often working in ‘limited partnerships’ for tax reasons.