Exchange Currency

closed fund

An open-end mutual fund that has temporarily or permanently suspended sale of shares to new customers, usually due to rapid asset growth. Outstanding shares are still accepted for redemption by the fund, and existing shareholders may also buy shares in some cases. The primary reason for closing a fund to new investors is that fund managers are concerned that if they increase the asset base of the fund any further, their current investment strategy will become too difficult to achieve.

Related information about closed fund:
  1. Closed Fund Definition | Investopedia
    A mutual fund that has been closed - either temporarily or permanently - to new investors because the investment advisor has determined that the fund's asset ...
     
  2. Closed-End Fund Definition | Investopedia
    Closed Fund. A mutual fund ... Premium To Net Asset Value. A pricing ... Fund Company. A commonly used ... New Fund Offer - NFO. A security ... Passive ETF ...
     
  3. What is closed fund? definition and meaning
    Definition of closed fund: An open-end mutual fund that has temporarily or permanently suspended sale of shares to new customers, usually due to rapid asset ...
     
  4. Closed Fund - Financial Dictionary - The Free Dictionary
    Closed fund. A mutual fund that is no longer issuing shares, mainly because it has grown too large. Closed Fund. A mutual fund that is closed to new investors, ...
     
  5. How to Invest in a Closed-End Fund - Personal Finance - WSJ.com
    But don't confuse a closed-end fund with a “closed fund.” A closed fund is an open-end fund that no longer accepts new investors. Closed-end funds tend to be ...
     
  6. Investing in a Closed Fund - Artisan Funds
    Artisan International Small Cap Fund, Artisan International Value Fund, Artisan Mid Cap Fund, Artisan Mid Cap Value Fund and Artisan Small Cap Value Fund ...
     
  7. Nuveen Investments - Closed-End Funds
    There are risks inherent in any investment, including the possible loss of principal . There can be no assurance that fund objectives will be achieved. Closed-end ...
     
  8. Closed Fund | Closed Hedge Fund or Mutual Fund Definition
    Closed Fund | Closed Hedge Fund or Mutual Fund Definition.