0 used to describe an investment fund in which shares can be bought at any time because there are no limits to how many shares are available:
1 used to describe a loan in which extra amounts of money can be borrowed later with the same conditions as the original loan
2 → open-ended :
This is the original design of the mutual fund which predates open-end mutual funds but offers the same actively managed pooled investments.
His current duties include managing over 50 closed-end and open-end mutual funds worldwide including 17 offices overseas.
Other changes included a thin aluminium plate over the ends of the full-width diaphragms, to hide the open-end framework.
In open-end and air-jet spinning, the roving operation is eliminated.
Retail products (available to individual investors) include open-end mutual funds, closed-end funds and separately managed accounts.
However, closed-end funds remained more popular than open-end funds throughout the 1920s.
Unlike open-end funds, new shares/units in a closed-end fund are not created by managers to meet demand from investors.
The next breakthrough was with the move over to break or open-end spinning, and then the adoption of artificial fibres.
