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Crazy boy [7]
2 years ago
6

regarding open-end and closed-end investment companies, all of the following are true except a) both may be either diversified o

r nondiversified portfolios. b) both may avoid taxation by distributing all of their net investment income to shareholders. c) both offer an unlimited number of shares in a continuous public offering. d) both may offer numerous investment objectives to select from.
Business
1 answer:
zimovet [89]2 years ago
4 0

The false statement is both offer an unlimited number of shares in a continuous public offering. (option c)

<h3>What are open-end and closed-end investment companies?</h3>

Open-end investment companies are companies that allow investors invest in their company continuously through the purchase of their shares. On the other hand, closed-end investment companies close their company to new investors

An advantage of open-end investment companies is they are highly liquid. A disadvantage of open-end investment companies is the company is vulnerable from large inflows and outflow of investments.

An advantage of closed-end investment companies is they do not incur charges with regards to the redemption activities of investors. A disadvantage of closed-end investment companies is that investors cannot withdraw their funds until maturity.

To learn more about open-end investment companies, please check: brainly.com/question/20350725

#SPJ1

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