Which of the following statements regarding mutual funds is inaccurate（）
A. Because closed-end funds are listed on securities exchanges, it is possible to sell shares in such a fund to another investor.
B. An investment company sponsoring a mutual fund must give investors a prospectus each month.
C. CDA/Weisenberger is an example of a professional advisory report that provides each fund, brief history, investment objectives, statistical history, personnel, sales charges and investment performance.
