. 2 / shareholders shareholders\r7. 2 / investors investors\r8. 0 X 2$ shareholders are often able to own a\rgreater and more diverse number of\rstocks than if they invested directly in the\rstock market\r9. 0 X 2$ the investment management company\rsponsoring the fund issues new shares to\rinvestors and buys back shares from\rinvestors wishing to leave the fund\r10. 0 X 2$ The sponsor does not buy back or issue\rshares after a closed-end fund is\rlaunched, so the investor must trade\rthem through a broker\rSubtotal: 14\r()*+\rTotal score: 73\r345 68.9%
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