Editing Open-end fund (section)

==Forward Pricing Rule 22c-1==
Based on the forward pricing rule (22c-1); funds and their principal underwriters, and dealers must sell interests in the fund based on the Net Asset Value (NAV) which is calculated daily.<ref name="RIN 3235-AJ01">{{cite web |title=Proposed Rule: Amendments to Rules Governing Pricing of Mutual Fund Shares; Rel. No. IC26288 |url=https://www.sec.gov/rules/proposed/ic-26288.htm |website=Securities and Exchange Commission |access-date=2 December 2019 |url-status=dead |archive-url=https://web.archive.org/web/20201017114402/https://www.sec.gov/rules/proposed/ic-26288.htm |archive-date= Oct 17, 2020 }}</ref> This helps to mitigate shareholder dilution, as well as increasing efficiency.