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.
Illustrative Examples:
Investment funds, open-ended Money market mutual funds, open-ended
Go to: | No change 2002 to 2007 | No change 1997 to 2002 | 2002 Economic Census and other data sources |
2007 NAICS | 2002 NAICS | 1997 NAICS |
Corresponding Index Entries |
---|---|---|---|
525910 | 525910 | 525910 | Funds, mutual, open-ended |
525910 | 525910 | 525910 | Investment funds, open-ended |
525910 | 525910 | 525910 | Money market mutual funds, open-ended |
525910 | 525910 | 525910 | Mutual funds, open-ended |