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IconPARTICIPATION BOND MANAGERS

Fedbond Participation Mortgage Bond Managers (Pty) Ltd

Tel: 011 784 0252
Fax: 011 784 4888
Postbox:
PO Box 782823
Sandton
2146
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.
Participation Bond Managers
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From The Glossary »

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Open-end fund:

Used in the context of general equities. Mutual fund that continually creates new shares on demand. Mutual fund shareholders buy the funds at net asset value and may redeem them at any time at the prevailing market prices. Antithesis of closed-end fund.
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