NAICS UNIVERSITY · Free research for insurance agents
Open-End Investment Funds
NAICS 525910 · United States · 2022 edition
This industry comprises legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments. Shares in these pools are offered to the public in an initial offering with additional shares offered continuously and perpetually and redeemed at a specific price determined by the net asset value.
Activities described by this code
- Investment funds, open-ended
- Money market mutual funds, open-ended
Other activities to examine
Census classification reference
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Compare another operationInsurance operations research — draft
Open-end investment funds pool capital from shareholders by continuously issuing and redeeming shares at net asset value. Day-to-day operations involve portfolio management, NAV calculation, shareholder servicing, regulatory compliance, and SEC reporting — typically managed by an external fund advisor or management company rather than internal employees of the fund entity itself.
Questions to investigate
- Is the fund entity itself seeking coverage, or the investment advisor — or both?
- What is the fund's current AUM and how many series or share classes are offered?
- Is this a money market fund, equity fund, bond fund, or a fund with alternative or illiquid asset exposure?
- Has the fund or its advisor been subject to any SEC examinations, deficiency letters, or enforcement actions in recent years?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.