open-end investment company

Definitions of open-end investment company
  1. noun
    a regulated investment company with a pool of assets that regularly sells and redeems its shares
    synonyms: mutual fund, mutual fund company, open-end fund
    see moresee less
    types:
    index fund
    a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
    type of:
    fund, investment company, investment firm, investment trust
    a financial institution that sells shares to individuals and invests in securities issued by other companies
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