Definitions for "Closed Fund"
An open-end mutual fund that has temporarily or permanently suspended sale of shares to new customers, usually due to rapid asset growth. Outstanding shares are still accepted for redemption by the fund. see also closed-end fund.
A mutual fund that is no longer issuing shares, mainly because it has grown too large.
a fund that is closed to new business (ie it is not issuing
a joint-stock company established for collection of monetary
Keywords:  held
Closed out Closely held