Fse cifc unit 8 - Study guides, Class notes & Summaries
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FSE - CIFC - Unit 8 | 43 Questions with 100% correct Answers | verified
- Exam (elaborations) • 7 pages • 2023
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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...
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