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1. What are the benefits to small investors of investing via mutual funds?

What are the costs?

2. Why can closed-end funds sell at prices that differ from net value while
open-end funds do not?

What are some differences between a unit investment trust and a closedend fund? .4.

What are the advantages and disadvantages of exchange-traded funds versus mutual funds? .5.


What are some differences between hedge funds and mutual funds? .6.

Balanced funds and asset allocation funds invest in both the stock and bond markets.8. What is the difference between these types of funds? .