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How exactly do FZROX and FZILX work?
How exactly do FZROX and FZILX work? I know how ETFs work, but don’t understand how mutual funds like FZROX and FZILX work. The price per share as of now for FZROX is $21.23 and for FZILX is $12.17 per share? Why are the price per share so low for these compared to VTI and VXUS? How does selling and buying shares of funds like FZROX and FZILX work is it same as ETFs?
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