By contrast. the number of available shares in other funds, like an open-ended investment company (OEIC) or an exchange-traded fund (ETF), increase and decrease in accordance with their NAV.

plc (the "Company") an umbrella type open-ended investment company with segregated liability between sub-funds and with variable capital governed by the laws of Ireland and authorised by the ...

Meanwhile, open-ended funds known as unit trusts or open-end investment companies (OEICs) can be bought through the fund management firm that runs the fund, through a financial advisor ...