What is another word for open-end funds?

Pronunciation: [ˈə͡ʊpənˈɛnd fˈʌndz] (IPA)

Open-end funds are investment funds in which new shares are continuously created by the fund company. These funds do not have a limited number of shares, so investors can buy and sell shares based on the fund's net asset value (NAV) throughout the day. Other synonyms for open-end funds include mutual funds, unit trusts, collective investment schemes, and open-ended investment companies (OEICs). These different names are often used interchangeable in different countries and financial institutions. Regardless of the terminology, open-end funds are popular investment products due to their accessibility, diversification, and professional management. Investors should always conduct thorough research and due diligence before investing in any fund product.

What are the hypernyms for Open-end funds?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: open-ended funds, open-ended mutual funds, open-ended fund management company, federally regulated open-ended funds, best open-ended funds

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