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open-end fund

   Also found in: Financial, Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.open-end fund - a regulated investment company with a pool of assets that regularly sells and redeems its sharesopen-end fund - 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


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The $109 billion sector has been rocked by scandal in recent months after a run to cash out of a Deutsche Bank fund and two KanAm funds forced all three to be frozen--a nearly unprecedented event in the history of the German open-end fund business.
Unlike open-end funds, closed-ends don't issue and redeem shares on a continuous basis.
The corrected release reads: PUTNAM ANNOUNCES DIVIDEND RATES FOR OPEN-END FUNDS The Trustees of The Putnam Funds declared the following distributions today.
 
 
 
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