Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
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- usage examples (several phrases with translation)
- etymology
open end envelope - translation to English
![[[Diffraction pattern]] of a double slit has a single-slit envelope.](https://commons.wikimedia.org/wiki/Special:FilePath/Double-slit diffraction pattern.png?width=200 "[[Diffraction pattern]] of a double slit has a single-slit envelope.")
![heterostructure]] as calculated from envelope functions.<ref name=Bastard/>](https://commons.wikimedia.org/wiki/Special:FilePath/Electron probabilities in GaAs quantum well.png?width=200 "heterostructure]] as calculated from envelope functions.<ref name=Bastard/>")
Definition
Wikipedia
Open-end fund (or open-ended fund) is a collective investment scheme that can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself, rather than from the existing shareholders. The term contrasts with a closed-end fund, which typically issues at the outset all the shares that it will issue, with such shares usually thereafter being tradable among investors.
Open-ended funds are available in most developed countries, but the terminology and operating rules vary. US mutual funds, UK unit trusts and OEICs, European SICAVs, and hedge funds are all examples of open-ended funds.
The price at which shares in an open-ended fund are issued or can be redeemed will vary in proportion to the net asset value of the fund and so directly reflects its performance.
