Localfund.com - All about Fund and Investment
*Home>>>Mutual Fund

Start a Mutual Fund?


What are the requirements to start a Mutual Fund company?

check with the Securities and Exchange Commission for complete details to get your question answered--they are in NYC, NY, i believe.. good luck to you......

MONEY!!

You must, of course, have an NASD (National Association of Securities Dealers) license. Then you will have to find investors and convince them to invest money into your mutual fund. This can be done by showing them past results - in other words, what kind of return have you generated from your own private investments ? The typical mutual fund charges an annual fee of about 1 % of assets under management. So, if you could find ten investors who would each invest $ 100,000 into your fund, you would earn about $ 10,000 each year. You might find it a bit easier to start an investment club with some friends and relatives. Check www.fool.com/investmentclub for some very good information. Tom & Dave Gardner are excellent instructors.

it is easier to start a hedge fund. Less restrictions.

If you have a collection of stocks, you have a mutual fund

Tags
  Online Investment   Online Business   Offshore Investment   Mutual Fund   Money Market Funds   Money Investment   Managed Fund   Make Money
Related information
  • Can I move $ from a mutual fund in my daughter's name to a 529 plan without paying taxes?

    Your daughter owns the mutual fund, but you probably own the 529. Any funds moved from the child's mutual fund into your 529 plan would still be subject to the rules for custodial accounts. ...

  • Tax on Mutual Fund Gift from Grandparents?

    No, you do not pay any taxes on it. Bona-fide gifts are never taxed to the recipient, only the giver. Assuming that that didn't make any single deposits to it that exceeded the Gift Tax ex...

  • How to Redeem Mutual Fund?

    u can redeem your mutaul fund investments by filling up the transaction slip, which is given on the bottom of your mutual fund statment. fill theat slip correctly and send it to the mutual fund com...

  • Why did I have to chose a mutual fund when I opened an IRA?

    T. Rowe Price is a fund company, so it makes sense that they would require you to put the money in some type of mutual fund. If you had opened it with a brokerage like Fidelity or Banc of America ...

  • How to maintain MIS for mutual fund as an advisor?

    What do you mean by MIS? AFAIK MIS stands for Monthly Income Scheme. What is that MIS to monitor SIP?

    ...
  • Splitting of stocks within a mutual fund?

    There is no impact of a stock splitting in your mutual fund. I don't recall a fund splitting, but it would have absolutely no impact since they sell at NAV (net asset value) and are not subje...

  • I have lost the mutual fund documentation?

    Go to your relationship manager and give your name and he will do what is possible. If you had invested yourself, then call HDFC call centre or go to the bank.

    ...
  • Which is a better mutual fund?

    10 to 15 years is a long time. Things might change a great deal by then. The Vanguard Global Equity fund is one of my favorite funds. It has a very low expense ratio and what I consider to be a ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster