I think thats what i'm looking for.
2006-12-20 12:00:22 · 4 answers · asked by Tom K 1 in Business & Finance ➔ Investing
Some are called closed end funds. Those are the ones that issue a fixed number of shares and then then trade based on supply and demand. Some trade at less than net asset value and some trade at greater than net asset value. Examples are GAM, GIM, FUND, CHN, IIF
Others are referred to as ETF's (exchange traded funds) which include closed end funds but the term is more commonly used to refer to index funds. These are a little different than closed end funds because there is no fixed number of shares. These trade at very close to net asset value but do vary slightly in price, normally within 0.5% +-.
Here is a link to a site that has a close to comprehensive listing of both.
http://www.etfconnect.com/
2006-12-20 13:08:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
They are called ETFs or exchange traded funds.
2006-12-20 20:04:34 · answer #2 · answered by MoreCowBell 2 · 1⤊ 0⤋
Uhhhh, Mutual Funds . . .
http://finance.yahoo.com/funds
2006-12-20 20:04:05 · answer #3 · answered by kate 7 · 0⤊ 0⤋
Tom K You are on TV now...
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http://www.osoq.com/funstuff/extra/extra04.asp?strName=Tom_K
2006-12-20 20:13:33 · answer #4 · answered by chb g 1 · 0⤊ 0⤋