Some closed - End mutual funds sell at a discount to their NAV because
A. The re-purchase price fixed by the mutual fund is lower than its NAV.
B. Of the inherent risk prevalent in closed - end funds.
C. Mutual fund Investors expect their future potential to be unable to sustain their current NAV.
D. Of high expense ratio.
NAV- Net Asset Value
Answer
C. Mutual fund Investors expect their future potential to be unable to sustain their current NAV.
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