Open-End Fund

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Open-End Fund
Mutual fund where investing company sells new shares or units to the general public. These units or shares can be redeemed at any time by the investor at a price equal to the net value of assets (NAV) in the investing company’s portfolio. Computation of NAV is done at the close of markets each day.

Random Finance Terms for the Letter O

  • Open Position
  • Open Repo
  • Open-End Fund
  • Open End Lease
  • Open-End Mortgage
  • Open-Market Operation
  • Open-Market Purchase Operation
  • Open-Outcry
  • Opening, The
  • Opening Bell

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