What is open-end fund?
An evergreen fund with no fixed termination date that may accept new capital and allow periodic redemptions, subject to fund rules and liquidity limits. Common for core and core-plus strategies.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.