| 释义 |
open-end fund
Thesaurus| Noun | 1. |  open-end fund - a regulated investment company with a pool of assets that regularly sells and redeems its sharesmutual fund company, open-end investment company, mutual fundinvestment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companiesindex fund - a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index |
open-end fund
Open-end fundUsed in the context of general equities. Mutual fund that continually creates new shares on demand. Mutual fund shareholders buy the funds at net asset value and may redeem them at any time at the prevailing market prices. Antithesis of closed-end fund.Open-End Mutual FundA mutual fund in which the number of shares may be increased or decreased depending on the amount of money invested in the company. This means that the fund's capitalization is not fixed and changes upon the demand of shareholders. In other words, an open-end mutual fund issues new stock when people invest in it and buys back old shares when investors want to be rid of them. The latter is referred to as redeeming one's share of the mutual fund. The value of each share is the net portfolio value divided by the number of shares. In the United Kingdom, this investment vehicle is usually called an open-end investment company.open-end fundAn investment fund that does not have a finite life, continually accepts new investor capital,and makes new property investments. open-end fund
Related to open-end fund: Closed end fund, Open Ended Mutual FundSynonyms for open-end fundnoun a regulated investment company with a pool of assets that regularly sells and redeems its sharesSynonyms- mutual fund company
- open-end investment company
- mutual fund
Related Words- investment company
- investment firm
- investment trust
- fund
- index fund
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