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 ?
material forms a major part of the product regulation regime for ICVCs
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. The companies offering stakeholder child trust funds are:
London: Fitch Ratings has affirmed two sub-funds of the UK-domiciled Royal London Bond Funds ICVC, both managed by Royal London Asset Management Ltd (RLAM) as follows: