Betekenis van:
open-end fund
open-end fund
Zelfstandig naamwoord
- a regulated investment company with a pool of assets that regularly sells and redeems its shares
Synoniemen
Hyperoniemen
Hyponiemen
Voorbeeldzinnen
- The difference between open-ended and closed-end funds is that, for the latter, the number of shares issued by the fund is fixed at the outset for a certain number of years, the participants do not have the right to request redemption of their shares at any time, and new issues of shares are also restricted.