Interested in joining our team?
We are always on the lookout for passionate people that possess IQ and EQ to join our growing team.
Open-ended funds require a reliable and timely fund accounting provider who performs one of the most integral operations of the fund, calculating the net asset value (NAV) at the close of business each day. This requires finding an administrator that has the size and scale to invest in technology and processes required. Be it an open-ended mutual fund or any other open-ended investment fund, we have a deep understanding of the funds industry and the broad range of asset classes and entity types involved in the setting up and administering open-ended funds.
Experience in setting up various entity types for open-ended funds;
- Public limited companies
- Private companies
- Listed companies
- Unit Trusts
- Protected cell companies
- Incorporated cell companies
- Special purpose vehicles
We provide:
- Daily Net Asset Value Calculation
- Shareholder Dealing/Transfer Agency
- Online Shareholder Enquiries
- Compliance Services
- Custodian relationships
Bram Eijsbouts
Chief Commercial Officer, Luxembourg and The Netherlands
Luxembourg
Send email +352 466 111 2390Open-ended funds FAQ
What are open-ended funds?
Open-ended funds are mutual funds that can issue unlimited new shares based on supply and demand. Their share price is determined by the net asset value (NAV), making them highly flexible investment options.
How do open-ended funds work?
Investors in open-ended funds receive the NAV at the end of each trading day, which reflects the gains or losses for the day. This allows for transparency and adaptability in investment strategies.
How are open-ended funds different from closed-end funds?
Unlike closed-end funds, which have a fixed number of shares, open-ended funds can issue an unlimited number of shares, providing higher liquidity and flexibility to meet investor demand.