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  2. Open-end fund - Wikipedia

    en.wikipedia.org/wiki/Open-end_fund

    Open-end fund (or open-ended fund) is a collective investment scheme that can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself, rather than from the existing shareholders.

  3. Net asset value - Wikipedia

    en.wikipedia.org/wiki/Net_asset_value

    Net asset value is commonly used in the context of open-end funds. Shares and interests in such funds are not traded between investors, but are issued by the fund to each new investor and redeemed by the fund when an investor withdraws. A fund will issue and redeem shares and interests at a price calculated by reference to the NAV of the fund ...

  4. Money market fund - Wikipedia

    en.wikipedia.org/wiki/Money_market_fund

    A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. [1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...

  5. Open-End vs. Closed-End Funds: Here’s the Difference ... - AOL

    www.aol.com/finance/open-end-vs-closed-end...

    If you’re considering investing in a mutual fund or ETF, you might have heard the terms “open-end” and “closed-end” -- and immediately scratched your head in confusion. Indeed, these are ...

  6. Mutual fund - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund

    A mutual fund is an investment fund that pools money from many investors to purchase securities.The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.

  7. Open-ended investment company - Wikipedia

    en.wikipedia.org/wiki/Open-ended_investment_company

    An open-ended investment company (abbreviated to OEIC, pron. /ɔɪk/) or investment company with variable capital (abbreviated to ICVC) is a type of open-ended collective investment formed as a corporation under the Open-Ended Investment Company Regulations 2001 in the United Kingdom. The terms "OEIC" and "ICVC" are used interchangeably with ...

  8. Stochastic discount factor - Wikipedia

    en.wikipedia.org/wiki/Stochastic_discount_factor

    The concept of the stochastic discount factor (SDF) is used in financial economics and mathematical finance. The name derives from the price of an asset being computable by "discounting" the future cash flow ~ by the stochastic factor ~, and then taking the expectation. [1]

  9. Open-ended mortgages: What are they and how do they work? - AOL

    www.aol.com/finance/open-ended-mortgages...

    Open-end mortgages work similar to a home equity line of credit, but you can only use the drawn funds for upgrades to your property. Few mortgage lenders offer open-end loans.