Investment Co. (domestic) industry
Article Abstract:
The stock market's continual rise during 1996 has made domestic investment companies good buys, especially those that are closed-end funds. Closed-end funds bought at a discount (below net asset value) are good investments, and are frequently overlooked by investors. Many older closed-end funds can be purchased at big discounts, which have not decreased much, despite the rise of the stock market.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Investment co. (domestic) industry
Article Abstract:
Domestic closed-end equity funds sell at wide discounts because few investors ever consider them. Few investors are aware of what they are because these funds are not heavily marketed and brokers do not care about them. Brokers make more money selling their own in-house open-end funds. Closed-end equity funds also behave differently.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: