Open Closed-Ended Investment Funds in Spain

Open Closed-Ended Investment Funds in Spain

Investment funds in Spain can be registered as open-ended or closed-ended. While in an open-ended fund the investors can benefit from a variable capital, in the case of a closed-ended fund the capital is raised by numerous investors and the respective sum has to be a fixed amount of capital. At the same time, the closed-ended fund is limited in…
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