6.1 Structure of Mutual Funds

In this section

• Open-End vs. Closed-End Funds: Understanding Key Differences and Implications
  Explore the fundamental differences between open-end and closed-end funds, their impact on liquidity, pricing, and investment strategies.
• Fund Management and Administration: Key Roles, Processes, and Impact on Performance
  Explore the intricate world of fund management and administration, focusing on the roles of key personnel, investment decision-making processes, operational aspects, fiduciary duties, and the impact of management styles on fund performance.
• Fund Prospectus and Disclosures: Understanding Mutual Fund Transparency
  Explore the essential components of a mutual fund prospectus and the regulatory requirements for disclosures, ensuring transparency and informed investment decisions.
• Net Asset Value (NAV) Calculation: Understanding and Importance
  Explore the intricacies of Net Asset Value (NAV) calculation, its significance in mutual fund transactions, and the factors influencing it. Learn through examples and understand the importance of accurate NAV reporting for investors.
• Fees and Expenses: Understanding the Impact on Investment Returns
  Explore the various fees and expenses associated with mutual funds, their impact on investment returns, and strategies for minimizing these costs.