Are closed end funds suitable for a conservative retiree?
Hi nellie, Closed-end funds refer to the structure of an investment, rather than the type of assets it is investing in. FiLife has a guide available that explains the way they work in detail. Practically speaking, closed-end funds have waned in popularity with the onset of ETFs. They can also be more difficult to analyze because of their tendency to trade at values that diverge from those of their underlying assets. For that reason, you’re probably better off looking at low-cost ETFs or mutual funds for your investing.
Related Questions
- What other funds in the current plan lineup are closed to new investors? Will any of the closed funds be available to participants who invest in the new self-directed mutual fund window?
- Can I transfer funds to pay off the closed credit card balance?
- Are closed end funds suitable for a conservative retiree?
