open-end investment company

(redirected from Open-ended investment company)
Also found in: Dictionary, Thesaurus, Financial, Wikipedia.
Related to Open-ended investment company: ICVC

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.
The Columbia Electronic Encyclopedia™ Copyright © 2013, Columbia University Press. Licensed from Columbia University Press. All rights reserved.
Mentioned in ?
References in periodicals archive ?
Gilligan also tips its sister Herald Worldwide Fund, a Dublin-based open-ended investment company holding shares in large and mid-cap technology firms, besides a small stake in Herald IT.
The deal is worth about GBP23m for 10 UK OIEC (Open-Ended Investment Company) funds housed at present with Aberdeen Unit Trust Managers and divided between the Aberdeen Income Funds and Aberdeen Growth Funds umbrellas.
Cru has gained the contractual rights to distribute the three UK open-ended investment company (OEIC) funds recently acquired by Arch LLP from Insinger de Beaufort.
An Oeic stands for "open-ended investment company" and new rules allow them to be sold in this country for the first time.
The fund invests in a diversified portfolio of assets, typically comprising money market instruments, fixed and variable interest-bearing bonds, time deposits and other open-ended investment company (OEIC) schemes constituted as UCITS.
Hong Kong is also planning another legislative proposal to help pave the way for the introduction of the open-ended investment company, the OEIC, as a vehicle for setting up investment funds in Hong Kong, Tsang said as he stressed the importance of creative capital for Hong Kong and Asia in powering world growth.
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.
The difficulty with a traditional ISA holding or Unit Trust/OEIC (open-ended investment company) is the dealing process can be rather cumbersome.
In 1997, British regulators permitted a new kind of open-end mutual fund, the Open-Ended Investment Company (OEIC).