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The mechanics behind investment funds: why closed‐end funds provide superior returns

The mechanics behind investment funds: why closed‐end funds provide superior returns This study examines the performance of both open‐ended and closed‐end mutual funds – as fixed income securities and vehicles for capital gains. A determination will be made of which categories one group was able to outperform the other and to recognize why a group performs better or worse over time. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Managerial Finance Emerald Publishing

The mechanics behind investment funds: why closed‐end funds provide superior returns

Brian J. Glenn; Thomas Patrick
Managerial Finance , Volume 30 (12): 17 – Dec 1, 2004
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References (4)

Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
0307-4358
DOI
10.1108/03074350410769407
Publisher site
See Article on Publisher Site

Abstract

This study examines the performance of both open‐ended and closed‐end mutual funds – as fixed income securities and vehicles for capital gains. A determination will be made of which categories one group was able to outperform the other and to recognize why a group performs better or worse over time.

Journal

Managerial Finance – Emerald Publishing

Published: Dec 1, 2004

Keywords: Unit trusts; Venture capital; Financial markets

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