Start a Successful Mutual Fund
Start a Successful Mutual Fund by Melinda Gerber, published by JV Books in 2005, is a comprehensive guide designed to assist individuals in launching a mutual fund. This edition spans 310 pages and is presented in English. The book outlines essential steps for establishing a fund, including cost considerations, common pitfalls to avoid, and strategies for building a sustainable investment vehicle.
Readers will find detailed insights into the mutual fund industry, including the critical profitability point and practical advice on marketing strategies. The guide covers the entire process from conception to inception, providing a thorough understanding of what it takes to successfully start a mutual fund. With a focus on personal success in investments and securities, this book serves as a valuable resource for those looking to navigate the complexities of mutual fund creation.
Official synopsis Publisher
How to start a mutual fund
and be successful.
Start a Successful Mutual Fund: The Step-by-Step Reference Guide to Make It Happen sets out everything you need to know about getting a fund off the ground: what to do, what it will cost, how to avoid common pitfalls, how to build a fund that will survive.
Author Melinda Gerber drew on in-depth professional knowledge and an exhaustive list of sources in the mutual fund industry to write the only book available about starting an open-end mutual fund. Among the revelations:
· The golden profitability point ($33M or less in assets under management!)
· All the steps from conception to inception
· “Watch outs” that can dramatically save costs
· Low-to-no cost marketing strategies
· Day 1 expectations and preparations
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