Open End Fund Definition Friday, February 1, 11:45 AM ET
An open end fund is a type of mutual fund that does not restrict the number of shares it issues. These funds will sell shares if there is demand for them, and will buy back shares investors wish to sell. An open end fund may close to new investors if the investment managers determine the fund has grown too large. Most open-end funds are actively managed and have their net asset value calculated at the end of each trading day.
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