Customer Reviews

Mutual Fund Industry Handbook : A Comprehensive Guide for Investment Professionals

5 star:		(3)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(0)

 

 

Of all the books I've read on Mutual Funds this one is a true all rounder of a book on the subject. This authoritative work is a must read for beginners and seasoned professionals alike.

Start a Successful Mutual Fund by Melinda Gerber lists this book as a recommended read. It definitely complements her book. While hers includes the costs and steps to start a mutual fund (and how to choose service providers), this one shows how a mutual fund's service providers work together. This book is for anyone interested in learning about what goes on to support a mutual fund.

I needed a good resource to learn about the securities and MF industry. This book is by far better written and more accessible than most other books - much better than Pozen's book on MFs and other popular books like "after the trade is made". Actually was enjoyable to read with great explanations and interesting sidebars. Very comprehensive with good diagrams.

If you need to learn about the Mutual Fund Industry, this is the right book. It is a comprehensive treatment of the topic. However, it is not written densely - in fact, it is downright interesting. The information is layed out well, with good mapping techniques so that you always know where you are. You can find information later quickly because of this same feature. The tone is casual enough to not feel preachy or stilted, yet still conveys all the necessary information. My dyslexic husband is reading 1/2 chapter per night, and frequently reads more than that planned amount. He applies what he learns immediately at work, but I suspect that a reader would retain more than an average amount of information even without immediate application.
Bottom line: Great reference, and really good learning textbook. Would be five stars if it had more pictures, or interactive exercises, but then, how many textbooks of this type do?

Really expected this book to include a lot more process flows and diagrams to make it easy for readers to understand. However, it is chapter after chapter of text. I believe the authors had relied on some service providers to obtain the true understanding of the industry.

However, having worked in the fund industry for 15 years, I can say that it is an average book. It can give you general understanding of the industry.