open-end fund

open-end fund
Used in the context of general equities. mutual fund that continually creates new shares on demand. mutual fund shareholders buy the funds at net asset value and may redeem ( redemption) them at any time at the prevailing market prices. Antithesis of closed-end fund. Bloomberg Financial Dictionary
————
A mutual fund with no limit to the number of shares that can be issued. Exchange Handbook Glossary
————
A mutual fund with no limit to the number of shares that can be issued. NYSE Euronext Glossary

* * *

open-end fund open-end fund fund1

Financial and business terms. 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Open-end fund — An open end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing shareholders. It contrasts… …   Wikipedia

  • Open-end fund — Also called a mutual fund, an investment company that stands ready to sell new shares to the public and to redeem its outstanding shares on demand at a price equal to an appropriate share of the value of its portfolio, which is computed daily at… …   Financial and business terms

  • Open-End Fund — A type of mutual fund that does not have restrictions on the amount of shares the fund will issue. If demand is high enough, the fund will continue to issue shares no matter how many investors there are. Open end funds also buy back shares when… …   Investment dictionary

  • open-end fund — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end investment company • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ …   Useful english dictionary

  • open-end fund — noun A collective investment scheme which can issue and redeem shares at any time. Syn: open ended fund Ant: closed end fund …   Wiktionary

  • open-end — ˈopen end adjective [only before a noun] an open end fund or trust does not have a fixed number of shares: • an open end mutual fund * * * open end UK US adjective ► (also open ended) FINANCE used to describe an investment fund in which shares… …   Financial and business terms

  • Open-End Management Company — A company that distributes and redeems securities it issues. The most common open end management companies are mutual fund companies which sell and redeem shares at the net asset value per share. This is just a fancy legal name for a mutual fund …   Investment dictionary

  • open-end investment company — noun a regulated investment company with a pool of assets that regularly sells and redeems its shares • Syn: ↑mutual fund, ↑mutual fund company, ↑open end fund • Hypernyms: ↑investment company, ↑investment trust, ↑investment firm, ↑ …   Useful english dictionary

  • Closed-end fund — A closed end fund (or closed ended fund) is a collective investment scheme with a limited number of shares. It is called a closed end fund (CEF) because new shares are rarely issued once the fund has launched, and because shares are not normally… …   Wikipedia

  • Closed-End Fund — A closed end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange. Also known as a closed end… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”