What is an INTERVAL FUND?

By Staff Reporters

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An interval fund is a type of closed-end fund with shares that do not trade on the secondary market. Instead, the fund periodically offers to buy back a percentage of outstanding shares at net asset value (NAV). The rules for interval funds, along with the types of assets held, make this investment largely illiquid compared with other funds.

Related: https://medicalexecutivepost.com/2021/11/22/what-is-an-interval-mutual-fund/

MORE: https://www.investopedia.com/terms/i/intervalscheme.asp#:~:text=An%20interval%20fund%20is%20a%20type%20of%20pooled,time%2C%20or%20intervals%2C%20if%20the%20shareholder%20so%20chooses.

CLOSED FUND: https://medicalexecutivepost.com/2021/11/22/what-is-a-closed-end-mutual-fund/

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