They make a lot of money. A Bulk of the income is based on profit sharing - depending on the amount of profit the fund manager makes out of the investor money.
A Portfolio Manager or a Fund Manager for a Mutual Fund is not elected but Selected by the Asset Management Company
500,000-1,000,000
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.
Mutual Fund Manager is a Persona in Asset Management Company (AMC), who handles all the Mutual Fund Investments, Who handles all the money of investors which has been invested in Mutual Funds.
Mutual fund portfolio construction involves selecting a mix of securities (stocks, bonds, etc.) based on the fund's investment objectives and strategy, diversified across various market segments. Portfolio construction in general refers to the design and management of a collection of assets to achieve specific goals, whether for a mutual fund or individual investor.
The Fund Manager and the Asset Management Company
Stocks and IPOs do not have fund managers. Only mutual funds have fund managers.
Becoming a Mutual funds manager involves reading and studing the securities and mutual fund market. You want to give people the best performing mutual fund if your going to spend their money. Read up on Mutual fund terms and theories and then look into getting certified in your country. Sources: http://www.amfi.com/performance/best-performing-mutual-funds http://www.morningstar.com/homepage/default.aspx
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
Aggressive growth funds are the type of mutual fund aiming for rapid growth. More information can be found in a financial dictionary or on a fund manager's website.
Total amount of money paid by the company or fund manager on the earnings of shares and mutual funds to the share holder or fund holder during a financial year.
The primary advantage of investing in mutual fund is professional management, the investor purchase the fund because they do not have time to manage their portfolio, Mutual fund is relatively inexpensive way for small investors to get full time manager to make the investment