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open-ended investment fund

См. также в других словарях:

  • open-ended investment fund — An investment fund whose manager is required to deliver units on demand and to buy them back at the market price when instructed to do so. This structure ensures that the net asset value always roughly corresponds to the price of the units. NYSE… …   Financial and business terms

  • Open-Ended Investment Company — ( OEIC) An investment company fund set to replace unit trusts. The main differences are that they quote a single price rather than a bid/offer spread and have a company structure like investment trusts. Financial Services Glossary * * * open… …   Financial and business terms

  • open ended investment company — (OEIC) An investment fund of variable size in corporate form. It is a collective investment scheme that acquires investments such as stocks and shares, gilts, bonds and cash with the aim of spreading investment risk and giving its investors (who… …   Law dictionary

  • open-ended investment company — (OEIC) An investment fund of variable size in corporate form. It is a collective investment scheme that acquires investments such as stocks and shares, gilts, bonds and cash with the aim of spreading investment risk and giving its investors (who… …   Law dictionary

  • Open-ended investment company — An Open ended investment company (abbreviated to OEIC, pronounced oik ) or Investment Company with Variable Capital (or ICVC) is a type of open ended collective investment formed as a corporation under the Open Ended Investment Company… …   Wikipedia

  • Open Ended Investment Company - OEIC — A type of company or fund in the UK that is structured to invest in other companies with the ability to adjust constantly its investment criteria and fund size. The company s shares are listed on the London Stock Exchange, and the price of the… …   Investment dictionary

  • open-ended investment company — OEIC An investment trust that operates an open end trust The size of its fund depends on the number of units sold …   Big dictionary of business and management

  • open-end investment company — ( OEIC / SICAV) Euroclear Clearing and Settlement glossary An Undertaking for Collective Investment in Transferable Securities ( UCITS). It has as a principal objective to manage a portfolio of securities for the account of its shareholders. Each …   Financial and business terms

  • investment fund — ➔ fund1 * * *    An investment fund is any that manages portfolios of money. There are basically two types of investment funds open ended mutual funds, which are also known as unit trusts, and closed end publicly quoted funds, which are known as… …   Financial and business terms

  • open-ended — Investment fund which has no set limit either in time or money. * * * open ended ˌopen ˈended adjective if someone s involvement in something is open ended, it has no limit or end: • The White House asked Congress for open ended authority to… …   Financial and business terms

  • Open-ended — may refer to: Open Ended, song by Sebadoh from their 1996 album Harmacy Open ended contract A contract with no definite time limit Open ended (gameplay), dynamic situations or scenarios that allow the individual to determine the outcome Open… …   Wikipedia

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