A Mutual Fund is a Shared interests and risks of the collective investment, namely, through the issuance of Fund, the Fund investors unit, the Fund custodian management and use the money in stocks, bonds, and other financial and monetary foreign investment, to obtain tool investment income and capital gains. Whether can increase according to fund unit or redemptive, investment funds can be divided to open type fund and closed-end funds. Open mode fund refers to fund investors may at any time after the establishment, purchase or redemptive fund, fund dimensions is not fixed investment fund, Closed-end fund refers to the size of the fund prior to issuing identification, after the issue within the specified time limit, the fund size fixed investment funds.

• Public Mutual Fund Malaysia
• Pacific Mutual Fund Malaysia

Hedge Fund Definition, such funds are differs from mutual funds, bought by wealthy individuals and institutions for aggressive strategies, including the short, leverage, program trading, swaps, arbitrage, and derivatives. Law of each hedge fund investors should be less than 100 people; therefore normally, hedge funds minimum trade & purchase restricted for one million dollars.

Closed-End Fund is the fund that has a fixed number of shares, usually in stock exchanges market. Closed-End Funds is different from Exchange-Traded Funds (ETFs).

Compared with the open-end fund is different, closed-end fund does not continue to create and redemptive fund unit. People always think that Closed-end fund manager on the profit motive is lesser than open-end fund manager (because the open-end fund managers must attract and retain fund investors), so the closed-end fund offered is usually a discount according to net asset value.