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 ?
NEW YORK: BNY Mellon was appointed by First State Investments to provide global custody, fund accounting, transfer agency, trustee and depositary services for the First State Investments ICVC.
The ICVC, an Illinois not-for-profit corporation, will assess individuals who wish to enter, continue and/or advance in a valuation profession through a certification process; issue credentials to individuals who demonstrate the required level of competence under that process; and engage in related activities.
material in the ICVC regulations [The Open-Ended Investment Companies