# Open-End Assets

**IRI:** https://folio.openlegalstandard.org/R5b49iXhdLOBaTOqsjQBtQ

## Labels

**Preferred Label:** Open-End Funds

**Alternative Labels:**

- Continuously Offered Funds

## Definition

Open-End Assets refer to investment funds that continually offer new units to the public and redeem outstanding units on demand. This mechanism results in the constant adjustment of the fund's outstanding capital, increasing or decreasing as investors buy or redeem units.

## Sub Class Of

- https://folio.openlegalstandard.org/RDWDi7o4XYIl6YajH1XLGU1

**Deprecated:** False