After I told you yesterday that I was considering launching a mutual fund, I thought it might be useful to share with you what new investors need to know about how a mutual fund structure works. By learning how a mutual fund is structured, the role of the fund's board of directors, the role of the fund's adviser, and other important parties, you may have an easier time understanding a prospectus, which is the legal document that explains a fund's goals, objectives, and risks. Take a few moments to educate yourself ...
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