open-end investment company

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Related to Open-End Investment Companies: Closed End Investment Companies, Unit Investment Trusts

open-end investment company

n.
A mutual fund.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
An exchange-traded fund (ETF) of Fidelity Commonwealth Trust, ONEQ may invest in Fidelity Central Funds, open-end investment companies available only to other investment companies and accounts managed by Fidelity Management & Research Company (FMR) and its affiliates.
She has significant experience advising on the creation and operation of registered open-end investment companies and ETFs.
The shares of open-end investment companies (i.e., mutual funds) are not Section 13(f) securities." For the avoidance of doubt, the SEC publishes an official list of Section 13(f) securities here.
As amended, the rule requires lawyers or law firms to establish their IOLTA accounts only with financial institutions, defined to include banks and savings and loan associations insured by the Federal Deposit Insurance Corporation or open-end investment companies registered with the Security and Exchange Commission, who pay the same interest rates or dividends on IOLTA accounts as they do on non-IOLTA accounts as long as the IOLTA accounts meet or exceed the same minimum balance or other account eligibility guidelines.