Comparison of funds and open-ended investment companies
All the offers of managed savings
At this point, our two protagonists, Mario and Giovanna, want to better understand the difference between mutual funds and open-ended investment companies. In this video, they discover that funds and open-ended investment companies represent in our country what is the overall offer in the asset management sector; together with ETFs. As explained in our Glossary with over 1200 exercises: Redooc, the difference is that while the mutual fund is a separate asset, consisting of the money of the underwriters and managed by the AMC, the open-ended investment companies are real companies whose subscribers become members with all related rights. In addition, most of the open-ended investment companies sold in Italy are of foreign law, in the event of positive returns, the performance of the open-ended investment companies appears to be better because they are gross of tax.
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