Fse cifc unit 8 - Study guides, Class notes & Summaries

Mutual Fund Corporation - - investors are shareholders - board of directors governs the fund - board of directors are elected by the shareholders at the fund's annual general meeting Mutual Fund Trust - - investors are unit-holders - no board of directors. Governed by trusts or trustees - unit-holders don't have authority to appoint trustees Mutual Funds Complex - - mutual fund manager - portfolio manager - custodian - distributor - transfer agent - independent review committee Inv...