Use the Following Two Columns of Items to Answer the Matching

question 116

Multiple Choice

Use the following two columns of items to answer the matching questions below:
-premium

• A)funds that sell shares directly to investors and repurchase the shares when investors wish to sell them
• B)annual expenses per share divided by the net asset value of a mutual fund
• C)funds that sell directly to investors and do not charge a fee
• D)amount by which a closed-end fund's share price in the secondary market is above the fund's NAV
• E)market value of the securities that a mutual fund has purchased minus any liabilities owed