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Products > Investments > Closed-end Funds

Closed-end Funds

A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The closed-end fund is then structured, listed and traded like a stock on a stock exchange. Closed-end funds raise a prescribed amount of capital only once through an IPO by issuing a fixed amount of shares, which are purchased by investors in the closed-end fund as stock. Unlike regular stocks, closed-end funds represent an interest in a specialized portfolio of securities that is actively managed and which typically concentrates on a specific industry, geographic market or sector.

For more information on Manulife Closed-end Funds, please visit manulifemutualfunds.ca

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