Showing posts with label mutual fund. Show all posts
Showing posts with label mutual fund. Show all posts

Friday, 8 September 2017

What is mutual fund ?

 Mutual fund

  Mutual fund which it manage professionally .


WHO MANAGES INVESTOR’S MONEY?
  The Asset Management Company (the Third tier) who manage (IM). The Asset management Company (AMC) which it is by appoint Trustees , to manage investor’s money. The AMC which it  fee charged  for the services provided and the investors fee is borne as it is deducted from the money collected from them. The AMC’s Board of Directors which they required  50% of Directors They are independent directors.