Closed-end Fund definition

Closed-end Fund means a registered investment company that raises capital only periodically, by issuing a fixed number of shares. The shares of the closed-end fund are typically traded on an exchange and their prices fluctuate throughout the trading day, based on supply, demand, and the changing values of their underlying holdings. Closed-end funds are also known as Listed Investment Companies in Australia, and Investment Trusts in the U.K. Closed-end funds do not include funds typically known as “Exchange-Traded Funds” (“ETFs”) organized as open-end investment companies or unit investment trusts.
Closed-end Fund means an arrangement referred to in paragraph (a) or (b) of the definition ofcollective investment scheme” under which units that are issued are exclusively or primarily non-redeemable at the election of the holders of units, but does not include
Closed-end Fund means any fund with a fixed number of shares and which does not issue and redeem shares on a continuous basis. While Closed-End Funds are often listed and trade on stock exchanges, they are not “Exchange traded funds” as defined below in the Covered Securities definition.

Examples of Closed-end Fund in a sentence

  • Initial Listing FeeThere is no fee charged by the Exchange when the units of a Closed-End Fund are listed on the Exchangeb.

  • Annual Listing FeesWhen units of a Closed-End Fund are listed on the Exchange the annual listing fee payable by the Managing Company to the Exchange on or before the 15th day of February in each calendar year shall be Rs. 50,000/-.If the listing is granted during the year, the fee payable shall be pro-rated.Real Estate Investment Trusts (REITs):a.

  • Efficient Market Hypothesis is plagued with a number of abnormalities when it comes to explaining the behavior of asset prices.Examples of this are the Equity Premium puzzle, the Closed-End Fund puzzle, the Dividend puzzle, the January effect and the Small Stock effect among others.

More Definitions of Closed-end Fund

Closed-end Fund or “CEF” means a “non-redeemable investment fund” within the meaning of the
Closed-end Fund means an Investment Company or a Closed End Scheme;
Closed-end Fund means a closed end scheme as defined in the NBFC Regulations.
Closed-end Fund means an arrangement or a scheme, other than a collective investment scheme, constituted in such legal form as may be approved by the Commission and whose object is to invest funds, collected from subscribers during an offering made under Part V of this Act or from sophisticated investors, in a portfolio of securities, or in other financial or non-financial assets, or real property, as may be approved by the Commission;
Closed-end Fund means any Borrower designated as such on Schedule 1 annexed hereto, which designation shall be concurred in by the Agents.
Closed-end Fund means a company, unit trust or partnership where the holder of an equity interest does not have the option to redeem his equity interest or require the fund to repurchase his equity interest;
Closed-end Fund means a mutual fund in which the right to redeem units may be exercised by participants only at predetermined maturities;