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Association of Black Insurance Brokers

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Tel: 011 478 0760
Fax: 011 478 0760
Address:
45 Commissioner Street
27th Floor Life Centre
Johannesburg
South Africa
Postbox:
PO Box 62454
Marshalltown
2107
Scope:
Gauteng.
Association of Black Insurance Brokers.
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From The Glossary »

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Open-end fund:

Used in the context of general equities. Mutual fund that continually creates new shares on demand. Mutual fund shareholders buy the funds at net asset value and may redeem them at any time at the prevailing market prices. Antithesis of closed-end fund.
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