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  • News From Press Closed-end funds trading at a discount now may offer 5-15% more at maturity

    Closed-end funds trading at a discount now may offer 5-15% more at maturity

    Source: The Economic Times Mar 30, 2019


    Looking for bargains in highly-charged, expensive bull market? There may not be many options except in a small corner of the equity mutual fund industry. Several closed-end funds are trading at a discount to NAV giving investors the opportunity to buy into funds holding blue chip stocks at cheap valuations. These funds are available at a 5-15% discount to their net asset value (NAV) on the stock exchanges and the discount could help boost overall returns as redemptions at the end of maturity usu ..

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