SIE - Securities Industry Essentials Exam
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Open end funds
Have a fixed number of shares available
A
Are bought directly from the fund
B
Are traded intraday
C
Are debt securities
D
Explanations
Open end funds are mutual funds; a type of equity security. Shares are bought at the NAV directly from the fund and trade once per day - there are an unlimited shares available from most funds.
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
-
- Series 7
- 50 of 625