NAICS Canada 52691—Open-end investment funds

Where 52691 sits

1. 52 Finance and insurance
2. 526 Funds and other financial vehicles
3. 5269 Other funds and financial vehicles
4. 52691 Open-end investment funds

Contains 8 narrower codes

• 526911 Equity funds - Canadian
• 526912 Equity funds - foreign
• 526913 Mortgage funds
• 526914 Money market funds
• 526915 Bond and income / dividend funds - Canadian
• 526916 Bond and income / dividend funds - foreign
• 526917 Balanced funds / asset allocation funds
• 526919 Other open-ended funds

Description

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.

52691 in other systems