Definition

Open-End Management Company

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It is a type of management company which handles open-ended funds. These companies also manage exchange-traded funds and open-ended mutual funds. The open-ended company buys, redeems and issues on a constant basis based on investor demand

Term of the day

Value Fund

What is a value fund? A value fund is a type of mutual fund that aims to invest in fundamentally strong stocks but are undervalued. The fund managers’ in......
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