Best Guide to Mutual Funds
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Best Guide to Mutual Funds |
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Fundamentals of Mutual
Funds
 Mutual fund basicsMutual Fund InvestmentBuy Mutual FundsMake money in mutual fundsBest mutual fundsMutual fund analysisTypes of Mutual Funds
Type of mutual fundsNo Load Mutual fundsCommodity Mutual FundDonor advised mutual fundsMicro cap mutual fundsClosed End Mutual FundsBear Market Mutual FundsMajor Exchange Traded FundsTax Exempt Bond FundsDynamic Mutual FundsRetirement Income & Mutual funds Investment and Money market
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Open End Fund The common name for an open-end investment company or fund is "mutual fund." All varieties of mutual funds are comprised of a pool of money collected from thousands of investors who purchase fund shares. "Open end" refers specifically to the practice of the managing investment company at the end of each business day. The company issues new shares to investors and buys back the shares of those who no longer wish to participate in the collective investment endeavor. Overall, mutual funds or open-end funds must be legally structured as either corporations or business trusts and in either instance are classified by the Securities and Exchange Commission as open-end investment companies. Although both closed-end funds and unit investment trusts are also forms of collective investment, neither constitutes a mutual fund. In an open-ended fund, shares can be issued and redeemed at any time and shares in the fund may be purchased directly from the mutual fund company or through a brokerage. More Terms Explained here |
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