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In respect of which funds that do not have a fixed date of redemption?

(a) Open ended funds

(b)Close ended funds

(c)Diversified funds

(d) Both A and B.

(e) Non of these.

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2015/02/19
Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

I would like to opt a) Open ended funds

sreekanth K Karanam
par sreekanth K Karanam , Technical Lead , Birlasoft India Ltd.

as of the market study the redemption price is the price received on selling units of open-ended scheme. so the answer should be (b)Close ended funds

Sahar Alech
par Sahar Alech , Auditor / Financial Manager , Accounting Services Office

I agree with Mr. Venkitaraman.....

Tamer Elbeshbishy
par Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

I do not agree on B as the closed ended fund has a fixed date to refund. I think the answer is A .

Malik Khalid Mahmood
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

a - open ended funds .......................................

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (a) >>>>>>>>>>>>>>>   Open ended funds

Open-ended funds: These funds buy and sell units on a continuous basis and, hence, allow investors to enter and exit as per their convenience. The units can be purchased and sold even after the initial offering (NFO) period (in case of new funds). The units are bought and sold at the net asset value (NAV) declared by the fund.

 

Closed-ended funds: The unit capital of closed ended funds is fixed and they sell a specific number of units. Unlike in open-ended funds, investors cannot buy the units of a closed-ended fund after its NFO period is over. This means that new investors cannot enter, nor can existing investors exit till the term of the scheme ends. However, to provide a platform for investors to exit before the term, the fund houses list their closed-ended schemes on a stock exchange.

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

(a)..>>>>>>>>> Open ended funds

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

The correct answer is A...

Salah Othman Yousef Alshambaati
par Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

a) >>>>>>>>>>>>>>Open ended funds