Funds which combined the features of an Open-Ended and Close-Ended funds are known as which of the following?

The correct answer is A. Interval funds.

Interval funds are a type of mutual fund that combines the features of open-ended and closed-end funds. Like open-ended funds, interval funds can be bought and sold at any time, but like closed-end funds, they have a fixed number of shares outstanding. Interval funds typically offer a wider range of investment options than open-ended funds, and they may be more tax-efficient. However, they may also be more expensive to invest in.

Balance funds are a type of mutual

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