Open End Fund

An Open-End Fund is a type of mutual fund that issues new shares to investors on an ongoing basis and redeems shares at any time upon the investor’s request. The fund does not have a fixed number of shares outstanding and can issue an unlimited number of shares to meet investor demand.

Open-End Funds are managed by professional fund managers who invest the pooled money into various securities based on the fund’s investment objective. The fund’s net asset value (NAV) is calculated by dividing the total value of the fund’s assets by the number of outstanding shares.

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