The actual ownership of a mutual fund is in the hands of the management company/shareholders.
The actual ownership of a mutual fund in the hands of owner, company management or shareholders. A mutual fund is a financial vehicle and its basic purpose is to pool assets from shareholders to invest in securities, bonds etc. Money managers operate these mutual funds. Mutual funds are basically maintained to match the investment objectives that are in its prospectus. These funds give investors access to manage portfolios,bonds etc.
Investors buy these shares in mutual funds and each share represents the investor’s part ownership in the fund. Shareholders, management/company could be the owner of mutual funds if they own shares in mutual funds and have a share in its profit. Mutual funds are basically equity investments , when anyone buys shares of this fund he/she becomes a part owner of that fund.
Therefore management company/shareholders are actual owners of a mutual fund because they own the shares in mutual funds.
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