Title: Impact of the Domiciliation Decision on Fund Fees
Abstract: In late 2006, shortly before the financial crisis, more than 65,000 different mutual funds were sold around the globe (see ICI, 2011a) with the aim of offering investors more liquid and diversified investments at relatively low costs in comparison to direct investments in individual assets. For investors, fund fees represent the price for the described functions of the mutual funds’ value chain (chapter 4.2.2), such as management, set-up, custodian, distribution, and other services related to these funds.
Publication Year: 2013
Publication Date: 2013-09-25
Language: en
Type: book-chapter
Indexed In: ['crossref']
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