What Happens to NFOs After 5 Years? The Reality Most Investors Discover Too Late
In simple terms, what happens to your NFO after 5 years depends on the type of fund you invested in. If it’s a closed-ended NFO, the fund usually reaches its maturity date, sells its investments, returns the money to investors, and shuts down. If it’s an open-ended NFO, nothing special happens at year five—the fund […]
