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 ?
The fund, managed by Daniel McKernan, head of Sterling Investment Grade Credit, and Mark Munro, investment director, Credit, is available as an open-ended investment company.
SFRE is an open-ended investment company created to support the globally growing segment of banks focused on serving individuals and enterprises in the real economy, while delivering a triple bottom line of economic, social and environmental impact.
GVOIM currently manages the GVO UK Focus Fund, an Irish listed open-ended investment company, and Strategic Equity Capital plc, a London-listed investment trust.