单词 | open-end fund |
释义 | open-end fund (once / 11819311 pages) n WORD FAMILY open-end fund USAGE EXAMPLESThe number of shares in an open-end fund can be indefinite and shares are sold by the fund company. Reuters(Jan 03, 2014) n a regulated investment company with a pool of assets that regularly sells and redeems its shares Syn|Hypo|Hyper mutual fund, mutual fund company, open-end investment company index fund a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index fund, investment company, investment firm, investment trust a financial institution that sells shares to individuals and invests in securities issued by other companies |
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