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  • Mutual Fund Structure

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    suraj_prakash66
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    A mutual fund is structured with shareholders overseeing a board of directors who manage the fund's portfolio according to its objectives and policies. The board approves contracts with service providers like an investment advisor, underwriter, administrator, transfer agent, custodian, and independent public accountant. These service providers handle functions such as managing the portfolio, selling shares, administering operations, executing transactions, holding assets, and certifying financial statements.

    Original Description:

    THIS IS A COMPOSITION OF MUTUAL FUND ORGANISATION

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    A mutual fund is structured with shareholders overseeing a board of directors who manage the fund's portfolio according to its objectives and policies. The board approves contracts with service providers like an investment advisor, underwriter, administrator, transfer agent, custodian, and independent public accountant. These service providers handle functions such as managing the portfolio, selling shares, administering operations, executing transactions, holding assets, and certifying financial statements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    30 views1 page

    Mutual Fund Structure

    Uploaded by

    suraj_prakash66
    A mutual fund is structured with shareholders overseeing a board of directors who manage the fund's portfolio according to its objectives and policies. The board approves contracts with service providers like an investment advisor, underwriter, administrator, transfer agent, custodian, and independent public accountant. These service providers handle functions such as managing the portfolio, selling shares, administering operations, executing transactions, holding assets, and certifying financial statements.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    STURCTURE OF MUTUAL FUND

    Shareholders

    Board of Directors
    Oversee the fund's activities, including
    approval of the contract with the management
    company and certain other services providers.

    Mutual Fund

    Indepen
    Invest
    Principa dent
    ment l Public
    Adviso Underw Administ Transfe Custo Account
    r riter rator r Agent dian ant

    Manage Sells Oversees Executes Holds Certifies


    s the fund the sharehol the the
    fund's shares, performan der fund's fund's
    portfolio either ce of other transacti assets, financial
    accordin directly companies ons, maintai stateme
    g to the to the that maintain ning nts.
    objectiv public provide s them
    es and or services to records separat
    policies through the fund of ely to
    describe other and transacti protect
    d in the firms ensures ons and shareho
    fund's (such that the other lder
    prospec as fund's sharehol interest
    tus. broker operations ders' s.
    dealers) comply account
    . with the activities
    applicable , and
    federal sends
    requireme account
    nts. statemen
    ts and
    other
    docume
    nts to
    sharehol
    ders.

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