Who can invest in a closed-end fund?
Could you please elaborate on the eligibility criteria for investing in a closed-end fund? Are there any specific requirements or restrictions for individuals or institutions seeking to participate? Are there any limitations based on location, income, or investment experience? Additionally, are there any advantages or disadvantages associated with investing in a closed-end fund compared to other types of investments? I'm curious to understand the overall landscape of who can invest and what they should consider before making a decision.