 | OPEN-END FUNDS (Mutual
Funds) sell shares of
their fund directly to investors and stand by ready to buy back those shares
at the customer's request. Those shares are not listed on an
exchange.
 | CLOSED-END FUNDS
are shares in investment
companies, some of which are listed on the New York Stock Exchange, which are easily
transferable in the open market and are bought and sold like other listed
shares.
 | NETWORKING enables
our clients to receive a consolidated statement of both Open-end and
Closed-end Mutual funds in addition to other types of investments. |
| |