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open-end investment company
(redirected from ICVC)

    Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
open-end investment company
n.
A mutual fund.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.open-end investment company - a regulated investment company with a pool of assets that regularly sells and redeems its sharesopen-end investment company - a regulated investment company with a pool of assets that regularly sells and redeems its shares
mutual fund company, open-end fund, mutual fund
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
index fund - a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
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Minimum contributions vary between pounds 1 and pounds 10 and funds invested in include the Legal and General UK Index, Norwich UK Index Tracking Fund and RBS Stakeholder Investment Fund ICVC.
Why hasn't the nest egg cracked it? by The Journal (Newcastle, England)
 
 
 
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