open-end investment company

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open-end investment company:

see mutual fundmutual fund,
in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e.
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The Snowdonia Fund was launched as an open-ended investment company consisting of a trio of sub-funds each of which is handled by investment managers.
Available as an open-ended investment company (OEIC) investment or as an individual savings account (ISA), the Capital Protected Fund has a minimum investment amount of GBP3,000.