Shares of an open-end fund are typically purchased through stockbrokers,while closed-end fund shares are typically purchased directly from the fund.

Question

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Shares of an open-end fund are typically purchased directly from the fund or through a financial advisor, while shares of a closed-end fund are bought and sold on stock exchanges through brokers, similar to stocks.

Shares of an Open-End Fund Are Typically Purchased Through Stockbrokers,while