Open-end Fund
What is it? The most typical type of mutual fund, with the number of shares available to investors limited only by the fund managers discretion and the amount of money coming in to the fund from investors. You buy and sell open-end mutual funds directly through mutual fund companies (or through brokers), unlike closed-end mutual funds, which you buy and sell like a stock, through an Exchange.Added By: Christian
The Open-end Fund definition has been viewed 244 Time(s)!
Send To Friends!
If you'd like to send the Open-end Fund definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Open-end Fund. If you need any more information on this term, please don't hesitate to contact us.