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Closed-end fund |
Also found in: Wikipedia | 0.04 sec. |
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Closed-end fund An investment company that issues shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund. |
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The Fund is a closed end mutual fund managed by Bank of Ireland Asset Management (U. |
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Closed end mutual fund
