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closed-end country funds

Discuss the advantages and disadvantages of closed-end country funds (CECFs) relative to American depository receipts (ADRs) as a means of international diversification. Why do you think closed-end country funds often trade at a premium or discount?

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Discuss the advantages and disadvantages of closed-end country funds (CECFs) relative to American depository receipts (ADRs) as a means of international diversification. Why do you think closed-end country funds often trade at a premium or discount?

Closed-end fund is a firm that issues shares and uses the proceeds to invest in shares of other companies. The closed end country fund issues shares in one country, the USA and invests in the shares of specific foreign country. Such funds have a fixed number of shares. These closed end country funds are traded at a ...

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closed-end country funds is discussed very comprehensively in this explanation..

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