Customer Reviews

Start a Successful Mutual Fund: The Step-by-Step Reference Guide to Make It Happen

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

 

 

If you are really interested by making your own mutual fund, this is an essential book to have. It gives you the require amount of work, the required capital value, the minimum costs, what to do, what to expect, how to team up (you can't do it alone), common mistakes, and good other advices.
However you won't find a line on how to set-up your mutual fund in another country than the USA, but it will give you the general idea of what this industry is like (even if you are not creating your fund in the US, what makes your fund a good mutual fund? Find the answer in the book). Since the US has the tightest regulations, making your mutual fund in another country will be easier. Having this book will help you compare the USA with other jurisdictions.
Warning: it is illegal to set-up a foreign mutual fund targeted for US-investors.

As a guide for either the complete novice or the long-time investment industry professional, this book is hard to beat. It is a veritable step-by-step "cookbook" with detailed explanations of all the areas which must be dealt with in the process. The book covers the process of creating, registering, marketing, and operating an independent mutual fund (it does NOT deal with the issue of running the actual fund's investment portfolio). In particular, the inclusion of very specific timelines/steps for planning both up to, and after, the launch of a fund should be a big help to interested readers. As a long time mutual fund portfolio manager, I would highly recommended this book to any investment professional who ever wondered "what if...." when it came to the notion of setting up their own fund.

I'm currently in the process of starting a mutual fund and have been amazed at what little information there is out there. Finding this book was a godsend.

I'm reading it for the 2nd time now and HIGHLY recommend it!

If you ever wanted to start your own mutual fund, or think you have what it takes to be a portfolio manager, this is the book for you.

Melinda Gerber leaves no stone left unturned in her detailing the steps it takes to start your own mutual fund! Attention Wall Street Hot Shots: It takes a lot more to running a mutual fund than simply picking stocks.

This book should be the new bible to the money management industry!

I have updated SSMF and the new title is How to Create and Manage a Mutual Fund or Exchange-Traded Fund: A Professional's Guide (Wiley Finance). It includes, updates, and expands upon the information in this book. Best wishes on your pursuit!

I paid over $200 for this book, and it was worth every cent. The step by step guide makes this easy to understand, and simple. I have now read this book twice, and will keep this book for any future reference.

I'm in the investment business and have sufficient assets under management to start a mutual fund, thus my interest. The book was informative in a basic way but somewhat out of date and no way is it worth $165.