hi there!
I am on occasion asked regarding the meaning of closed-end management company.
Closed-end management company means an investment-management company that sells a limited number of shares to investors on an exchange by way of an initial public offering. For investors to sell the shares they purchased from the closed-end management company, there must be buyers willing to buy the shares at a price determined by the market. The most common type of closed-end management company is a closed-end mutual fund.
Closed-end management companies are not required to repurchase the shares that they have sold to investors. Investors in these types of funds sell their own shares at the market price of the security, even if that price is significantly below the net asset value of the portfolio that their shares represent. It is common for the price of closed-end funds to be above or below the actual NAV.
Forex Broker Forum » discuss become a forex broker
clearing up some internet forex brokers terms
(4 posts)-
Posted 5 months ago #
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yuo'd best pay particular mind to trade related reasoning like theory that the Chinese Renminbi is thought to peak vs. the Norwegian Krone near the 28th of this February, and concentrate on reports relating to secondary sector industry field like, for example the fact that Chinese Renminbi rates will be affected by the increment in the medical equipment market, and probably will get stronger, while learning howto analyze the current foreign exchange dynamics.
Posted 5 months ago # -
someone??
Posted 5 months ago # -
i was warned by at least 3 analysts not to sell CNY befor winter 2010, when CNY-NOK rate will be affected by the downfall in the export of domestic products, and will plummet.
Posted 5 months ago #
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