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Investment Dictionary:

Fund Manager

A highly trained investment professional with a vast amount of investment experience with good performance and exceptional formal education. The fund manager's main responsiblities include investing the assets of a mutual, pension, trust, or hedge fund, implementing investment strategy and managing the day-to-day portfolio trades.

Investopedia Says:
The whole point of investing in a fund is to leave the security picking to professionals. Therefore, the fund manager is one of the most important factors to consider when looking at any particular fund. Researching a fund manager's past performance in the last five or more years will tell you a lot. Have they had consistent performance? Have they bounced around from fund to fund? Do they have a history of underperforming?

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Manager of a pool of money such as a mutual fund, pension fund, insurance fund, or bank-pooled fund. Their job is to maximize the fund's returns at the least risk possible. Each fund manager tries his or her best to realize the fund's objectives, whether it be growth, income, or some combination of the two. Different fund managers use different styles to accomplish their objectives. For example, some stock fund managers use the value style of investing, while others concentrate on growth stocks. In picking a fund, it is important to know the fund manager's style, and how long he or she has been managing the fund. This information is generally available for publicly offered mutual funds from fund company literature or fund representatives.

 
 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more

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