ORGANIZATION AND MANAGEMENT OF MUTUAL FUNDS
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For a mutual fund to work effectively, a number of individuals and groups must work together. Learning about the parties that manage your mutual fund need not be boring. It can give you a perspective on those people to whom you are entrusting your money. It can also help you to understand the value of the fees you are charged. Learning about how a fund is organized and about who runs it can help you make wiser investment choices. In this tutorial, we will introduce you to those who run mutual funds:

• THE MUTUAL FUND MANAGEMENT COMPANY
• MUTUAL FUND DISTRIBUTORS
• THE MUTUAL FUND CUSTODIAN
• THE MUTUAL FUND TRANSFER AGENT
• MUTUAL FUND BOARD OF DIRECTORS
• THE ROLE OF MUTUAL FUND SHAREHOLDERS
• SUMMARY OF MUTUAL FUND MANAGEMENT

We will begin with the party that runs the show.