Explanation:

• Option A is incorrect because ETFs, not open-end mutual funds, are priced intraday. Mutual funds are valued at their net asset value (NAV), which is computed based on the closing prices of the securities in the portfolio. ETFs, being exchange-traded, can be transacted and priced throughout the trading day.

• Option B is incorrect because closed-end funds, not open-end funds, have a fixed number of shares outstanding. Open-end funds continuously issue and redeem shares based on investor demand, whereas closed-end funds do not accept new investment money, leading to a fixed share count.

• Option C is correct because mutual funds typically require a larger minimum investment compared to ETFs. This is a distinguishing feature between the two investment vehicles, with ETFs generally offering lower entry barriers for investors.