Dictionary of banking and finance. 2015.
open-ended fund — These funds have no limit to the number of units (or shares) they can issue. The price of the units (or shares) remains closely aligned to the NAV of the fund. Unit trusts and OEICs are open ended funds. London Stock Exchange Glossary … Financial and business terms
Open-end fund — An open end(ed) fund is a collective investment scheme which can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself rather than from the existing shareholders. It contrasts… … Wikipedia
open-end fund — noun A collective investment scheme which can issue and redeem shares at any time. Syn: open ended fund Ant: closed end fund … Wiktionary
Open-ended — may refer to: Open Ended, song by Sebadoh from their 1996 album Harmacy Open ended contract A contract with no definite time limit Open ended (gameplay), dynamic situations or scenarios that allow the individual to determine the outcome Open… … Wikipedia
Open-Ended Investment Company — ( OEIC) An investment company fund set to replace unit trusts. The main differences are that they quote a single price rather than a bid/offer spread and have a company structure like investment trusts. Financial Services Glossary * * * open… … Financial and business terms
open ended investment company — (OEIC) An investment fund of variable size in corporate form. It is a collective investment scheme that acquires investments such as stocks and shares, gilts, bonds and cash with the aim of spreading investment risk and giving its investors (who… … Law dictionary
open-ended investment company — (OEIC) An investment fund of variable size in corporate form. It is a collective investment scheme that acquires investments such as stocks and shares, gilts, bonds and cash with the aim of spreading investment risk and giving its investors (who… … Law dictionary
Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… … Wikipedia
open-ended — Investment fund which has no set limit either in time or money. * * * open ended ˌopen ˈended adjective if someone s involvement in something is open ended, it has no limit or end: • The White House asked Congress for open ended authority to… … Financial and business terms
Open Ended Investment Company - OEIC — A type of company or fund in the UK that is structured to invest in other companies with the ability to adjust constantly its investment criteria and fund size. The company s shares are listed on the London Stock Exchange, and the price of the… … Investment dictionary
