2. Understanding the difference between open-end and closed-endfunds Categorizing Mutual Funds For each of the following statements regarding mutual funds, indicate whether it is true of open-end, closed-end, ar both open- and closed-end funds. 2. Understanding the difference between open-end and closed-endfunds Categorizing Mutual Funds For each of the following statements regarding mutual funds, indicate whether it is true of open-end, closed-end, or both open- and closed-end funds. pou can see that mutual funds can be broken down broadly according to the fund's organization. The term mutual fund usually refers to funds, but, on a practical basis, it refers to both open-and closed-end funds. Exchange-traded funds (ETrs) are an oarticular kind of mutual func that has characteristics of open-end funds in that the number of shares. fixed, but they are similar to closed-end funds because the shares publicly traded. Categorizing Mutual Funds For each of the following statements regarding mutual funds, indicate whether it is true of open-end, closed-end, or both open-and closed-end funds. From the table, you can see that mutual funds can be broken down broadly according to 's orgarization: The term mutuat fund usially refers to funds, but, on a practical basis, it refers to both open-and closed-e of mutual fund that has characteristics of open-end funds in that the number of shares Exchange-traded funds (ETFs) are a particilar kind because the shares publicly traded. 2. Understanding the difference between open-end and closed-endfunds Categorizing Mutual Funds For each of the following statements regarding mutual funds, indicate whether it is true of open-end, closed-end, or both open- and closed-end funds. From the table, you at mutual funds can be broken down broadly according to the fund's organization. Tha term mutuial fund osuatily refers to , on a practical basis, it refers to both open-and closed-end funds. Exchange-traded funds (thris) arai-a particuian kind of mutual fund that teristics of open-end funds in that the number of shares fixed, but they are similar to closed-and funds because the shares publicly traded