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Closed fund

The financial definition for Closed fund:

A mutual fund that is no longer issuing shares, mainly because it has grown too large.




Similar Matches

Closed corporation

Closed corporation
A corporation whose shares are owned by just a few people, having no public market.


Closed end fund

Closed end fund
An investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.


Closed end management company

Closed end management company
An investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company.


Further Suggestions

Closed end management company
Closed end mortgage
Closed out


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Closed fund
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