Open-End Funds

Open-End Funds are investment funds that continuously accept new money from investors and buy a diversified mix of assets like stocks or bonds. They don't have a fixed number of shares; instead, the fund's shares are created or redeemed based on investor demand. The share price, called the net asset value (NAV), is calculated daily by dividing the total fund assets by the number of shares outstanding. This structure allows investors to buy or sell shares easily at the current NAV. Open-End Funds are commonly known as mutual funds and are popular for providing diversification and professional management.