# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Open-end Fund

An open-end mutual fund continuously issues and redeems units, so the number of units outstanding varies from day to day.

The value of the fund's shares, or units, changes with the underlying value of the securities in the fund, but each share or unit represents only a portion of the underlying portfolio.

Sponsors Center
Sponsored Links