Fund company

'Fund Company' is also called as an investment company. This is primarily responsible for investing the pooled fund of many investors in financial securities like stocks, bonds, shares and mutual funds.

 

These companies usually assign a fund manager (or portfolio manager) for investing the fund of its customers.

 

So, they are responsible for the maintaining and organizing securities for investment.

 

Fund company may be classified as below:

 

Open-end funds

 

Closed-end funds

 

Unit investment trusts and

 

Exchange-traded funds (ETFs)

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