What is OpenID?
Enter your The World of Accounting For Professional Accountants username.
Enter the password that accompanies your username.
Forgot Password? | Login with OpenID

Poll

Best personal finance software?:

States

Articles : 57
Submited Firms : 97
Glossary Words : 3236
Jobs Request : 3
Group Members : 4402
Excel Files : 113
PPT Files : 665
PDF Files : 31

Who's online

There are currently 0 users and 3 guests online.

OPEN-END MUTUAL FUND

  • Submission of a form on this page may not work as you do not appear to have JavaScript enabled in your browser.
  • user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.
  • user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.

one that issues new shares and stands ready to buy shares back at net asset value. There is usually no restriction on the amount of money that can be invested in a fund although management companies may decide at some point that the fund has gotten too large and may stop issuing new shares. The fact that there are no fixed number of shares outstanding distinguishes open-end funds from CLOSED-END MUTUAL FUNDS.