The main difference between a managed fund and a listed fund lies in how they are structured, how they operate, and how investors buy and sell units in them. Here’s a breakdown of the key differences: 1.Structure Managed Fund: A managed fund is typically an unlisted investment vehicle, where the fund manager pools money from investors to invest in a variety of assets (e.g., stocks, bonds, real estate). Investors in a managed fund buy and sell units directly from the …

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