Date of Award

4-1968

Degree Type

Master's Essay - Restricted

Degree Name

Master of Business Administration (MBA)

Department

Business Administration

First Advisor

Howard C. Launstein

Abstract

"It's a mystery to me, declared the president of a leading closed-end investment company why investors will part with 80% of their money for the privilege of buying fund shares when they don't have to." It has been widely held by the average investor that the higher cost and greater growth of open-end investment companies has reflected an actual superiority in performance when compared with the lower cost and slower growth of closed-end investment companies. Although numerous articles have appeared in various publications with an answer to this problem and its relationship between the subject of investment company performance and cost, few articles have been written with a non-partisan view. This paper will attempt to give a potential buyer adequate evidence to aid in making an intelligent decision in order to maximize profits and minimize cost.

Comments

In Partial Requirement For The Master of Business Administration Degree, Marquette University, Milwaukee, Wisconsin

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