open-end management company

Fin
a company that sells mutual funds.
U.K. term open-ended management company

The ultimate business dictionary. 2015.

Look at other dictionaries:

  • Open-End Management Company — A company that distributes and redeems securities it issues. The most common open end management companies are mutual fund companies which sell and redeem shares at the net asset value per share. This is just a fancy legal name for a mutual fund …   Investment dictionary

  • Open-end Management Company —    The legal name for a mutual fund.    ► See also Investment Fund, Mutual Fund …   Financial and business terms

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  • closed-end management company — An investment company that issues a fixed number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open end management company. Bloomberg Financial Dictionary …   Financial and business terms

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