Welcome! Please Log In
Search
# 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
E-mail Article | Print Article | digg it | Del.icio.us
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
Corrections Site Map Help Advertising Opportunities Licensing Opportunities Glossary Store RSS feed
© Copyright 2012 Morningstar, Inc. All rights reserved. Please read our Terms of Use and Privacy Policy.
Content Partnersblack arrow