“Open-end management company” is just a fancy term for “mutual fund company.” It’s like calling pigs in a blanket an hors d’oeuvre, or referring to a stay-at-home mom as a domestic engineer. Sure, it’s technically, legally correct, but it’s much more common to hear open-ended management companies referred to as mutual fund companies.
Open-end management companies buy, sell, and manage open-end mutual funds. They usually have several different types and classes of funds, all of which are professionally tracked and managed. That’s probably not surprising to anyone, but this might be: most open-end management companies also handle ETFs. Wow, maybe open-end management companies really are fancy. Kind of like the sodium chloride on our allumette-cut deep-fried potatoes.
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Finance: What is NGO?4 Views
Finance allah shmoop what is an ngo Oh come on
You remember the song Sing it with me You know
there was a farmer had a dog and bingo was
his name I'll be all right Well you get the
idea then an ngo is way more meaningful in the
world though Although not to a six year old kid
Thank you very much Ngo stands for non governmental organization
which is an intentionally nonprofit organization like greenpeace the red
cross united way unicef the x files books for dogs
all that stuff Well ngos receive all of the favorable
tax and operational treatment of a normative nonprofit but because
they're overseeing and protected by uncle sam well there's less
pressure on them to raise a ton of money fast
so they tend to be able to focus on more
long term efforts like if there's an ngo that's working
on delivering warm clothes to every village in zaire Well
they're not going toe bold if they go three weeks
without holding a fundraising chili cook off there's Some senator
or congressman or other politico who you know can shake
a tree raise money and they're off to the races
And it's Almost a shame about that cook off thing
because well chili cook offs in zaire are off the 00:01:17.559 --> [endTime] hook No
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