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Open-End Investment Company

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Open-end investment company See mutual fund.
Option A contract that conveys to the owner the right, but not the obligation, to purchase or sell a commodity or security at a fixed price up until the option's expiration date.

 


Open-End Investment Company - A mutual fund that issues new shares whenever investors want to buy. These shares are redeemable when the investor wants to sell them back to the issuing company.

An open-end investment company that swaps its own shares for an equal value of securities owned by an individual investor. Although the exchange is tax-free, the fund assumes the stockholder's basis on the securities it obtains.

An open-end investment company. Equivalent to unit trust.
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An open-end investment company that offers the investor the benefits of portfolio diversification (provides greater safety and reduced volatility), and professional management. The shares are redeemable on demand at their net asset value.

Mutual Fund An open-end investment company. Equivalent to unit trust.
-N-
Nearby Month The nearest actively traded delivery month, a.k.a. current delivery month, lead month.

Also known as an open-end investment company, open-end mutual funds invest the pooled cash of many investors in order to meet the fund's stated investment objective.

Mutual Fund: An open-end investment company that pools investors' money to invest in a variety of stocks, bonds, or other securities. A closed end fund, often incorrectly called a mutual fund, is instead an investment trust.

Mutual Fund - the common name for an open-end investment company. Like other types of investment companies, mutual funds pool money from many investors and invest the money in stocks, bonds, short-term money-market instruments, ...

No Load Fund: A mutual fund offered by an open-end investment company that imposes no sales charge (load) on its shareholders. The mutual fund still has underlying investment management expenses and may have marketing fees known as 12b-1 fees.

NO LOAD MUTUAL FUND An open-end investment company, shares of which are sold without a sales charge. There can be other distribution charges, however, such as Article 12b-1 fees.

Breakpoint - A purchase of shares in an open-end investment company mutual fund that is large enough to entitle the buyer to a lower sales charge. A series of breakpoints is established by the fund, at each of which the charge is reduced.

mutual funds: compound noun. An open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations ...

Mutual fund - An open-end investment company. Equivalent to unit trust.

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Mutual fund - An open-end investment company.
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This is the destination point when an open-end investment company will try to offer to buy back the stock. The owner had control of the issued stock on or, before maturity.

Mutual Fund An open-end investment company that invests the money of thousands of people in a number of securities to achieve a specific objective over time.

Open-End Investment Company
The more formal name for an open-end mutual fund, indicating that it continuously issues and redeems (buy back) its shares on demand.
-P- Payable Date
The day on which a distribution is paid to shareholders.

distributor A company that purchases open-end investment company shares directly from the fund in order to resell them to potential buyers. divergence Price divergence is a technical situation where indicators signal a different...

See also: Investment Company, Investment, Open, Mutual Fund, Market