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Related WikiPedia: open-end fund
English 1 sense of the expression open-end fund:
NOUNgroupopen-end fund, mutual fund, mutual fund company, open-end investment companya regulated investment company with a pool / pool of assets that regularly sells and redeems its shares
Englishopen-end fund: 1 sense noun 1, group
MeaningA regulated investment company with a pool / pool of assets that regularly sells and redeems its shares.
Synonymsmutual fund, mutual fund company, open-end investment company
Narrowerindex fundA mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
Broaderinvestment company, investment trust, investment firm, fundA financial institution that sells shares to individuals and invests in securities issued by other companies

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