Glossar

Die Sprache der Finanzwelt ist oft unverständlich. Wir möchten, dass Sie uns verstehen. Wichtige Begriffe rund um Kapitalanlagen im Allgemeinen und geschlossene Fonds im Speziellen erläutern wir in unserem Glossar.

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Secondary market

On the secondary market, shares in closed-end funds are offered or demanded for secondary acquisition that were acquired by investors at an earlier stage. Care must be taken to ensure that the fungibility (capacity to be converted into cash) of the units in a fund is usually limited to a short period of time as investments in closed-end funds are in principle long-term investments, in particular taking taxation issues into account.