# Open-End Investment Funds

**IRI:** https://folio.openlegalstandard.org/0sF26grRQ7-QHjEPJOprIg

## Labels

## Definition

This industry comprises legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments. Shares in these pools are offered to the public in an initial offering with additional shares offered continuously and perpetually and redeemed at a specific price determined by the net asset value.

## Examples

- Investment funds, open-ended
- Money market mutual funds, open-ended

## Sub Class Of

- https://folio.openlegalstandard.org/eB-pFR30SO212o2qBiBW0g

**Is Defined By:** https://www.naics.com/six-digit-naics/?code=525910

**Deprecated:** False