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 ?
7million more than they invested in UK unit trusts and open-ended investment companies during the month.
The amount of money people were investing on a regular basis in collective investment schemes, such as unit trusts and open-ended investment companies, soared by nearly 51% during the six months.
The asset management industry sector is composed of those companies operating as mutual funds, open-ended investment companies, close ended investment funds, investment trusts, unit trusts and assets managers.