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open-end fund
o·pen-end fund (plural o·pen-end funds)


noun 
Definition:
 
mutual fund with variable share number: a mutual fund that can issue or withdraw shares and trades at the net asset value of its holdings
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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