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5 Cards in this Set
- Front
- Back
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Open-End Fund
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A type of mutual fund where there are no restrictions on the amount of shares the fund will issue. If demand is high enough, the fund will continue to issue shares no matter how many investors there are. Open-end funds also buy back shares when investors wish to sell.
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Closed-End Fund
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A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
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Net Asset Value - NAV
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1. In the context of mutual funds, the total value of the fund's portfolio less liabilities. The NAV is usually calculated on a daily basis.
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Exchange-Traded Fund - ETF
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A security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange, thus experiencing price changes throughout the day as it is bought and sold.
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types of real estate investment:
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1.Outright ownership
2.leveraged equity position 3.mortgage ownership 4.aggregation vehicles: investing a group of real estate projects. |
