In English, many things are named after a particular country – but have you ever wondered what those things are called in those countries?
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- Unlike mutual funds, which make new shares available when investors want to buy and redeem when they sell, closed-end funds issue a fixed number of shares that trade on a stock exchange.
- Some billions of pounds of assets are tied up in closed-end funds, a figure that could double within five years as more companies close their life books.
- Last year, the bank announced that it was changing the fund from an open-ended fund into a closed-end fund.
- One innovation that might be equal to this task is a closed-end investment fund for emerging market securities.
- But you can make a decent profit from many closed-end funds if you buy them at a steep discount and wait for them to return to their usual levels.
- Earlier in that same quarter they began amassing a controlling stake in a closed-end investment company.
- Because investment trusts are closed-end funds, they don't have to buy and sell shares when new investors join and old ones leave.
- Previous offerings were not as successful because they were closed-end funds listed on the stock exchange which often traded at a discount to the value of the underlying assets.
English has borrowed many of the following foreign expressions of parting, so you’ve probably encountered some of these ways to say goodbye in other languages.
Many words formed by the addition of the suffix –ster are now obsolete - which ones are due a resurgence?
As their breed names often attest, dogs are a truly international bunch. Let’s take a look at 12 different dog breed names and their backstories.