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U.S.-based closed-end funds are referred to under the law as closed-end companies and form one of three SEC-recognized types of investment companies along with mutual funds and unit investment trusts. [7] Like their better-known open-ended cousins, closed-end funds are usually sponsored by a fund management company.
The Citizens National Bank building replaced the Hotel Berkeley on the site. The hotel closed in 1968 and was demolished to clear the site for the bank building. The new building, designed by Martinsburg architect Willard F. Wurzburg, Jr. (1931-1985), opened in 1970, costing $500,000 to build.
Investment funds are regulated by the Investment Company Act of 1940, which broadly describes three major types: open-end funds, closed-end funds, and unit investment trusts. [12] Open-end funds called mutual funds and ETFs are common.
West Virginia Route 9 (WV 9) is a major east–west state highway located in the eastern extents of West Virginia's Eastern Panhandle. The western terminus of the route is at the Maryland state line on the north edge of Paw Paw , where WV 9 becomes Maryland Route 51 (MD 51) upon crossing the Potomac River .
Martinsburg is a city in and the county seat of Berkeley County, West Virginia, United States. [6] The population was 18,773 at the 2020 census , making Martinsburg the largest city in the Eastern Panhandle of West Virginia and the sixth-most populous city in the state.
Get the Martinsburg, WV local weather forecast by the hour and the next 10 days. ... USA TODAY 4 hours ago Snow forecast: Great Lakes bracing for heavy snowfall this week as more lake effect looms.
Open-end fund (or open-ended fund) is a collective investment scheme that can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself, rather than from the existing shareholders.
West Virginia Route 45 (WV 45) is a state highway in the U.S. state of West Virginia. The state highway runs 25.8 miles (41.5 km) from the Virginia state line near Glengary east to WV 230 and WV 480 in Shepherdstown. WV 45 connects the communities of Glengary and Arden in southwestern Berkeley County with the county seat of Martinsburg.