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What's an in-house mutual fund?


great answer thanks

Say you worked for Merril Lynch as an Investment Consultant.
You could offer Mutual Funds managed by Merril Lynch with the Merril Lynch Brand on them. That is an In House Mutual Fund.
Or you could offer Franlin Funds to a client. Which are not managed by Merril Lynch. That would not be an In House Mutual Fund.
And no, Frankin Mutual Funds would not be an "Out House Mutual Fund".................................

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