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NAICS Code: 525910

Open-End Investment Funds

DescriptionThis 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. Illustrative Examples: Investment funds, open-ended Money market mutual funds, open-ended

Industry: Open-End Investment Funds

Created on: 2022

More Info: census.gov