One guarantee of an open-end mutual fund


One guarantee of an open-end Mutual Fund is:

A. None of the above.

B. to achieve a minimum NAV for investors.

C. to achieve a minimum rate of return for investors.

D. to earn the rate of return promised in the Prospectus.

E. to redeem investors' shares upon demand at the current NAV.

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Financial Management: One guarantee of an open-end mutual fund
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