Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does open-end investment company mean?

SEARCHING
Suggestion/Report Error
open-end investment company
Noun


An investment company that continually issues redeemable shares without limit (open end) and upon investor demand, typically through a registered broker-dealer for the fund, their net asset value (NAV) per share computed after receipt of the purchase or redemption order at least once daily.

Synonym(s): 
  • mutual fund; open-end company; open-end fund.
top
© 2015-2021 Pecunica LLC.  All rights reserved.
;