Quote:
Originally Posted by Whosonfirst
Not so with Mutual Funds, they don't trade like stocks or ETF's. You are transacting directly with the fund. Transactions with funds happen after the market closes(buying or selling) when a new net asset value is set(price). When there's lots of redemptions, your selling prices usually plunges, similar in that respect to prices on stocks and ETF's. Closed end funds trade like stocks.
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