Question: Which statement regarding single - country, closed - end funds is NOT correct? A ) Single - country funds trade at the fund s NAV.
Which statement regarding singlecountry, closedend funds is NOT correct?
A
Singlecountry funds trade at the funds NAV.
B
Capital appreciation is the primary objective of singlecountry funds.
C
After the initial public offering, the fund will generally not issue additional shares.
D
Professional management of the fund and portfolio diversification within the selected market are available with singlecountry funds.
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