The Fund Industry – How Your Money is Managed

The latest book from Bob Pozen.
Every investor, student of finance and participant in the mutual fund industry needs to read this book. The Fund Industry details how mutual funds are marketed, regulated, and invested in stocks and bonds. The book also describes the critical factors needed to choose a specific fund for your investment or retirement plan, including what to look for when reading prospectuses, shareholder reports and third party reviews.

In addition, the book:

  • Discusses the spread of mutual funds to Asia, Europe, and Latin America
  • Compares mutual funds to other investment vehicles such as hedge funds and ETFs
  • Shows how to sort mutual funds by categories and subcategories based on security type and investment objective

Other titles by Pozen: Too Big to Save? How to Fix the U.S. Financial System, also by Wiley

Fundamentals of the Fund Industry is the most in-depth and up-to-date guide to navigating the mutual fund industry, written in an accessible style with many examples and charts.

Bob Pozen is a Senior Lecturer at Harvard Business School and a Senior Fellow at the Brookings Institution. His latest book, Extreme Productivity, is now available at your favorite local or online bookstore.

One thought on “The Fund Industry – How Your Money is Managed

  1. Mutual funds are an inexpensive way to iorgnant investors diversify their investments to minimize risk. They are good in the sense that it probably helps not to lose all the money, if one or two companies go huonosti.Toisaalta, often accompanied with a number of costs of maintenance or servicing, and similar things. And often, funds with the highest number of charges, because they are active in management often do not have anything better than the performance of the fund is a small fee / toiminta.Lopulta However, mutual funds often do not even beat the market and returns may be harder to come up with on a daily basis . If you want to see how to do it easily and in one minute, consider an index fund with a focus on a few pieces of big stores (like the NASDAQ or DOW index fund). The plus side, however, you can get money funds, which you can write checks or even make the interaction with the charges, so that basically acts like a bank account of a higher interest rate.