An investment Vehicle with a fixed amount of capital and a finite life. Limited liquidity, with the redemption of units provided for at the end of the life of the Vehicle.
Global Definitions Database
Closed End Vehicle
Source: Global | Date: 19 March 2021 | ID: D0352 | Version: 10
Related
Open End Vehicle
An investment Vehicle with a variable and unlimited amount of capital which may be accepted and has an infinite life. Investors may purchase or red...