open-end investment company

English Thesaurus

1. a regulated investment company with a pool of assets that regularly sells and redeems its shares (noun.group)

hypernym	:	fund, investment company, investment firm, investment trust,
definition	:	a financial institution that sells shares to individuals and invests in securities issued by other companies (noun.group)

hyponym	:	index fund,
definition	:	a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index (noun.group)