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Open-ended Fund – an open-end fund is a mutual fund with no restrictions on the amount of shares the company will issue... The company will continue to make shares available no matter how many investors there are already. The majority of all metal funds are open-end funds… They also buy back shares if the investor wishes to sell them back Open-end funds are a very useful tool for investors, by allowing investors to buy and sell back shares. An open-end fund may close down if the manager deems the securities to be too high and exceeds the company’s objective
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