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Closed-end fund
(redirected from Closed-ended fund)

    Also found in: Wikipedia 0.03 sec.
Closed-end fund
An investment company that issues 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.
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Approximately two-thirds of the open ended and closed-ended funds, insurance companies, pension funds and other institutional investors surveyed by Jones Lang LaSalle seek returns ranging from eight to 10 percent.
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Scope Group is Germany's most respected, widely utilized source for open- and closed-ended fund ratings.
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The Parmalat FIDC is a closed-ended fund whose main underlying assets originally consisted of trade receivables directly originated by Parmalat Brasil and Batavia (through the sale of shipped products to specified obligors), cash, and other specified investments.
Standard & Poor's Announces: Senior Shares of Brazil's Parmalat FIDC ... by Business Wire
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