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The fund manager is the experienced investor who invests the fund assets on behalf of the fund house & investors into the stock markets. He decides the sector allocations, buy/sell strategies etc. His goal is to maximize investor wealth by choosing a strong portfolio of stocks.
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Who elects the portfolio manager of a mutual fund?
A Portfolio Manager or a Fund Manager for a Mutual Fund is not elected but Selected by the Asset Management Company
Person in charge of a fund?
The fund manager
Who are the people who invest a fund's assets?
The Fund Manager is the person who invests the funds Assets Investors invest in the Fund to create the Assets that will be invested by the Fund Manager
What does a hedge fund manager do?
A hedge fund is an investment fund that is only open to a limited range of investors that has a wider range of investement and that manager would manage that.
Who is the Fund Manager of HDFC Prudence Fund?
Mr. Prashant Jain has been the fund manager of this fund since June 19th 2003. He is one of the most respected fund managers in the Mutual Fund Industry in India. He is also the Fund Manager for some other funds from the HDFC Mutual Fund Family that have been considered the Industry's top performers. Some of the top performing funds he manages are: 1. HDFC Top 200 Fund 2. HDFC Equity Fund 3. HDFC Infrastructure Fund
Who is fund manager NTPC ipo?
Stocks and IPOs do not have fund managers. Only mutual funds have fund managers.
Who determines the investment policies of the mutual fund?
The Fund Manager and the Asset Management Company
What woul be the Key Result Areas for Financial Manager?
Basically the key area of an financial manager are divide into four main areas which are following:- 1.Planing of fund. 2.Acquisation of fund. 3.Allocation of fund. 4.Reinvestment of fund.
How much does an entry level Mutual-Fund Manager earn in a year?
no such thing as an entry level mutual fund manager, has to have some solid experience to be a supervisor in a fund team, but you can be an entry level fund accountant that tracks the NAV calculations and does other tasks, and can make about 35K, and move to manager position depending on the company.
Is the Resource or Financial Manager responsible for ensuring fund availability prior to purchase?
The Resource/Financial Manager is responsible for ensuring fund availability prior to purchase.
What is the function of a mutual fund?
A mutual fund is designed to bring like-minded investors together and with the help of a mutual fund manager (and this could be a single person, a team or even a computer algorithm) to direct those invested dollars. Each investor is issued shares in the fund based on the amount of money invested. The idea is to spread that invested dollar over numerous companies held by the fund in an effort to diversify. The manager(s) pick an underlying basket of stocks or bonds for example that will meet the investment goals of the shareholders.
What is a mutual fundmanger?
A Fund Manager of a Mutual Fund is the person who is responsible for managing the investors money and taking the investment decisions for the fund. For ex: Mr. Prashant Jain has been the fund manager of this fund since June 19th 2003. He is one of the most respected fund managers in the Mutual Fund Industry in India. He is also the Fund Manager for some other funds from the HDFC Mutual Fund Family that have been considered the Industry's top performers. Some of the top performing funds he manages are: 1. HDFC Top 200 Fund 2. HDFC Equity Fund 3. HDFC Infrastructure Fund
