Are mutual funds operated in secondary market ?
as we know that whelther open or close ended svhemes, they r purchased from the asset management co., but what i want to know is that like shares can one transfer his units, that he has purchased from the AMC to another person?
- Anonymous1 decade agoFavorite Answer
Not operated, traded. They are call exchange traded funds or EFTs. There are hundreds.
Here is a link to a list of most of them.Source(s): http://www.etfconnect.com/
- dredude52Lv 61 decade ago
The reason you're not getting any answers is that your question is too general and undefined. It would help to know under what context you are asking this question; you know, specifics.
Almost all trade of stocks and Mutual Funds are in the Secondary Market. It's simply a market on which an investor purchases an asset from another investor rather than an issuing corporation.
Investopedia Says: A good example (of a Secondary Market) is the New York Stock Exchange. Here all stock exchanges are part of the secondary market, as investors buy securities from other investors instead of an issuing company.
So in the case of a mutual fund, which is generally a corporation, if they are buying stocks on the secondary market, but issueing them to you as part of the primary market (corpoation issuer), which is it, and why the hell does it matter?
- 1 decade ago
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!Source(s): http://investing.sitesled.com/