OPEN-ENDED STOCK FUND VNDAF
Open-ended fund is the fund in which capital is contributed by investors with the same investment objective and is managed by a reputable fund management company with the purpose of gaining profits in the long term.
The fund is contributed by many investors with the same investment objective.
Professionally managed by a fund management company
Fund management company commits to redeem fund certificates when investors need.
Open on: Term, Number of Investors, Capital contribution
OPEN-ENDED FUND ARE SUITABLE FOR THE FOLLOWING INVESTORS:
- Investors want to invest for long-term financial goals
- Investors are not specialized and have less experience in financial investment types
- Investors are busy, do not have time to follow and analyze the market daily
- Investors want to diversify their investments