Quick Recap: Open-End Funds will accept new investment money. Close-End, the number of shares outstanding do not change. Therefore, Open-End Funds are easier to grow, with the counterbalance that it creates pressure on the portfolio manager to manage the cash inflows and outflows. This potentially may tip the portfolio manager to liquidate assets before strategy, given certain redemption requirements. that may not have wanted to be sold, to help meet redemptions (not covered by new investments). Close-End Funds do not have these problems, but they do have a limited ability to grow.
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