5
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2answers
1k views

Mutual fund question; what is a 'Series'?

In mutual fund lingo, what is a 'Series'? What does it mean?
8
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1answer
117 views

What is a “closed-end fund”? How is a closed-end fund different from a typical mutual fund?

I recently ran across the term "closed-end fund", but the author didn't explain what it was. What is a "closed-end" fund vs a typical mutual fund, and are there advantagets/disadvantages to each?
8
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1answer
159 views

Why are index funds called index funds?

Why are index funds called index funds?