With this book, author Melinda Gerber walks you through the twenty-nine steps needed to start a mutual fund and the thirty-six steps needed to start an ETF. She provides costs and detailed explanations of how to accomplish each task from fledgling idea to the actuality of selling shares, and also takes the time to explain the importance of creating a clear vision for your fund as well as how to successfully profile customers and identify your competition.
From the In…
Buy How to Create and Manage a Mutual Fund or Exchange-Traded Fund: A Professional’s Guide at Amazon
I was hoping for a clear, concise guide from an expert in the subject that is a good writer, but this was not the case. The book contains some good information, but the writing is not good and the information is not well organized (lots of wandering). The author also tries to be “cute” in some areas (Top 10 things you don’t want to hear from . . .) and it just slows you down without any benefit. I would hope there is something better out there . . .
Looking to start a mutual fund… gave me a lot of great insight into what the necessary steps are.