open-end investment company


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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 ?
As per the meeting, the fund's proposal to convert to an open-end investment company was not approved and therefore, it will continue as a closed-end registered investment company pursuant to its stated investment objective and policies.
For example, the most common is the open-end investment company, which is utilized by more than 82% of all ETFs.
The WisdomTree Trust is a registered open-end investment company.