Closed-End Investment Company
Definition
What is Closed-End Investment Company?
A pooled investmentAn asset or commitment of money made with the expectation of future income, growth, or both. company with a fixed or relatively stable share count that usually trades on an exchange.
Example in practice
How This Looks in Practice
Its market price may trade above or below the value of its portfolioThe complete collection of investments owned by an investor or managed under one mandate..
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Related Terms
Money Market Fund
A mutual fund that invests mainly in short-term, relatively liquid instruments such as treasury bills and deposits.
Fund TypesEquity Fund
A fund that invests primarily in shares and seeks long-term capital growth.
Fund TypesFixed Income Fund
A fund focused on income-producing debt securities such as government and corporate bonds.
Investment MethodsLump-Sum Investment
A single, relatively large investment made at one time instead of through repeated contributions.