52691 Open-end investment funds

What code 52691 includes

This industry comprises funds primarily engaged in investing in a specialized (except real estate) or a diversified portfolio of securities and other investments on behalf of their shareholders/unit holders. Shares are offered in an initial public offering, after which additional shares are offered continuously. Shares are redeemed at the market price, as determined by the net asset value.

Classification Hierarchy

• Sector 52 — Finance and insurance
• Subsector 526 — Funds and other financial vehicles
• Industry group 5269 — Other funds and financial vehicles
• Industry 52691 — Open-end investment funds