ETF Success with Doug Fabian

Doug Fabian has spent quite a bit of time listening to investor questions from people just like you, and today’s podcast handles some important questions about your retirement plans and personal finances. Plus, he discusses some details about 401k investing and the differences between mutual funds and Exchange Traded Funds - important information for any investor!   Today Doug answers a question about closed-end funds. A typical mutual fund is basically an “open-end fund”, but there are some mutual funds which are “closed-end funds”, which means they have a fixed number of shares available for investing. Closed-end funds trade like a stock or ETF, and can sometimes trade at a premium or a discount. They tend to have high management fees, but might be a good fit for your portfolio depending on your portfolio needs and wealth management goals.