open-end investment company

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Related to Open Ended Investment Companies: ICVC

open-end investment company

n.
A mutual fund.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
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
References in periodicals archive ?
The firm would launch two new UK-domiciled open ended investment companies to join the UK gilt tracker fund.
This service is available to clients with a minimum of pounds 30,000 to invest and will enable them to enjoy the benefits of individually tailored portfolios managed, using collective investments such as unit trusts, Open Ended Investment Companies or investment trusts.
Its services support a comprehensive range of UK and EU investment products, including unit trusts, Open Ended Investment Companies, Societes d'Investissement a Capital Variable, and other collective investment vehicles.