open-end investment company

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Related to Open-Ended Investment Companies: ICVC

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 ?
(15.) The Open-Ended Investment Companies Regulations, 2001, S.I.
Around pounds 542bn is held in UK-authorised unit trusts and open-ended investment companies and the average UK household has pounds 750 savings in ethical funds and savings accounts.
Investors withdrew pounds 20.7 millionmore than they invested in UK-based unit trusts and open-ended investment companies (OEICs) in the month.
OEICs are corporations organized under The Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations of 1996, which came into effect on January 6, 1997.
EQUITY ISAs can include collective investments such as unit and investment trusts, and open-ended investment companies.
A total of pounds 23.9bn was invested in UK-based unit trusts and OEICs (open-ended investment companies) during the year, once those cashing in their investment or moving it elsewhere were stripped out.
AMost unit trusts and open-ended investment companies are described as "long only" because they are looking at the longer term prospects for any share that they buy.
A total of pounds 23.6 billion was paid into UK-based unit trusts and open-ended investment companies (OEICs) in the 11 months to the end of November, up from pounds 2.3 billion for the same period a year earlier.
"Most people probably do not realise that money market funds can actually fall in value," says Tony Ahearne, a director of Moneyspider.com, which monitors and ranks the 2,000 unit trusts and open-ended investment companies (OEICs) available to British retail investors and rates them against funds in the same sector, all funds, returns on the FTSE 100 and cash yields.
There are three main types of collective fund: investment trusts unit trusts and open-ended investment companies (also known as Oeics).
People invested pounds 1.15bn into UK-based unit trusts and OEICs (open-ended investment companies) Isas during April, once those who cashed in investments or moved them elsewhere had been stripped out.
One of them suggested an insurance company investment bond and the other a portfolio of unit trusts and open-ended investment companies. Which is better for me?