2007 NAICS Definition
This 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.
Index entries that bring you to this industry:
- Funds, mutual, open-ended
- Investment funds, open-ended
- Money market mutual funds, open-ended
- Mutual funds, open-ended