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| previous | closed-end fund - collezione «Finanza: Fondi comuni di investimento» - Alessio Armandi | next |
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Finanza: Fondi comuni di investimento
| English |
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| Noun phrase |
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| an investment company with a fixed number of shares. These shares are not bought back from the company and are traded on a Stock Exchange. Their price will not only fluctuate according to the net asset value of the underlying assets, but also according to supply and demand. |
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| LDBE |
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| [...] whereas the coordination of the laws of the Member States should be confined initially to collective investment undertakings other than of the closed-ended type which promote the sale of their units to the public in the Community and the sole object of which is investment in transferable securities (which are essentially transferable securities officially listed on stock exchanges or similar regulated markets); [...] |
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| EU-85-611 |
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| geschlossener Investmentfonds |
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| fondo comune chiuso |
