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Whipsaw Glossary

Currently viewing the definition of: Open Ended Funds
 
 
 Open-ended funds, such as unit trusts, are investments where the number of units in issue varies depending on the supply and demand for the fund.  
 


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    • Valuation
      The value of an investment at a point in time. Investment funds typically send statements twice a year showing the value of any investments or withdrawals during the period, including dividends paid or reinvested.