open end fund

A mutual fund that continually offers new shares and buys back existing shares on demand.

• An open-end fund will continue to grow as more shareholders invest because it does not have a fixed number of shares outstanding.

---

词条贡献者

译者晓晨，毕业于世界顶级翻译学院，擅长翻译各种与反垄断咨询与合规相关的法律文件。