open-end investment company

(redirected from ICVC)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Wikipedia.

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.
..... Click the link for more information.
.
Mentioned in ?
References in periodicals archive ?
Minimum contributions vary between pounds 1 and pounds 10 and funds invested in include the Legal and General UK Index, Norwich UK Index Tracking Fund and RBS Stakeholder Investment Fund ICVC.
35 Fund Class A (USD) Threadneedle Investment Funds ICVC American Select Growth 37.
Collective Investment Schemes (CIS - Organismi di Investimento Collettivo del Risparmio, OICR), which may put assets in investment funds or open-ended collective investment schemes (Investment Companies with Variable Capital, ICVC - Societa di Investimento a Capitale Variabile, SICAV) operated by national or international investment management companies