MANY PROFESSIONALS ARE INVOLVED IN
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Through this discussion of mutual fund management,
you should be able to identify the major parties involved in
managing a mutual fund, as well as the roles each of them play.
While the details of mutual fund management may seem irrelevant to
your investment decisions, these are, in fact, important things to
know. Other people are handling your money. Their actions will
influence what happens to it. You will be able to play an
intelligent role as a voting shareholder if you understand how your
vote fits in with the big picture of fund management.
By reading your prospectus, you can also
learn the titles and even some of the names of the parties involved
in managing your fund. Learn more about the mutual fund prospectus
in the tutorial on that subject. Click here to learn even more about this topic with the Encyclopedia of Personal Finance™