LEADER 05531nam 2200733 450 001 9910460625003321 005 20200520144314.0 010 $a1-118-92996-9 035 $a(CKB)3710000000335345 035 $a(EBL)1918467 035 $a(SSID)ssj0001434156 035 $a(PQKBManifestationID)11872589 035 $a(PQKBTitleCode)TC0001434156 035 $a(PQKBWorkID)11417760 035 $a(PQKB)10956399 035 $a(SSID)ssj0000590560 035 $a(PQKBManifestationID)16033445 035 $a(PQKBTitleCode)TC0000590560 035 $a(PQKBWorkID)10665904 035 $a(PQKB)23639142 035 $a(MiAaPQ)EBC1918467 035 $a(Au-PeEL)EBL1918467 035 $a(CaPaEBR)ebr11004520 035 $a(CaONFJC)MIL690610 035 $a(OCoLC)890793124 035 $a(EXLCZ)993710000000335345 100 $a20150123h20152015 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe fund industry $ehow your money is managed /$fRobert Pozen and Theresa Hamacher 205 $a2nd ed. 210 1$aHoboken, New Jersey :$cJohn Wiley & Sons,$d2015. 210 4$dİ2015 215 $a1 online resource (546 p.) 225 1 $aWiley Finance Series 300 $aIncludes index. 311 $a1-322-59328-0 311 $a1-118-92994-2 327 $aCover; Title Page; Copyright; Contents; Foreword ; Preface to the Second Edition; Acknowledgments; Section 1 An Investor's Guide to Mutual Funds; Chapter 1 Investing through Mutual Funds; Advantages and Disadvantages of Mutual Funds; History and Growth; Regulators and Industry Associations; Chapter Summary; Notes; Chapter 2 How Mutual Funds Work; Buying and Selling Fund Shares; The Pass-Through Tax Status of Mutual Funds; A Virtual Corporation; Ethical Standards; Alternatives to Mutual Funds; Chapter Summary; Notes; Chapter 3 Researching Funds: The User Guides; Mutual Funds and Disclosure 327 $aThe Summary Prospectus Beyond the Summary Prospectus; Using the User Guides; Chapter Summary; Notes; Chapter 4 Comparing Mutual Funds; Delineating Your Own Investment Objectives; Evaluating Performance; The Taxonomy of Mutual Funds; Chapter Summary; Notes; Chapter 5 The Cost of Fund Ownership; The Focus on Fund Expenses; Distribution Expenses; Operating Expenses; The Management Fee; The Active versus Passive Debate; Chapter Summary; Notes; Section 2 Mutual Fund Portfolio Management; Chapter 6 Portfolio Management of Stock Funds; Stock Research; Putting It All Together: Managing a Stock Fund 327 $aChapter Summary Notes; Chapter 7 Portfolio Management of Bond Funds; Bond Fund Holdings; Putting It All Together: Managing a Bond Fund; Chapter Summary; Notes; Appendix to Chapter 7 Funds and Derivatives; Uses of Derivatives in Funds; Regulation of Derivatives in Funds; Notes; Chapter 8 Portfolio Management of Money Market Funds; Money Market Funds and the Financial System; Rule 2a-7; Money Market Fund Holdings; Putting It All Together: Managing a Money Market Fund; Chapter Summary; Notes; Chapter 9 Implementing Portfolio Decisions: Trading; The Importance of Trading; The U.S. Stock Markets 327 $aThe Role of the Mutual Fund Trader Trading in Bond Funds; Chapter Summary; Notes; Chapter 10 Mutual Funds as Stockholders; Mutual Funds and the Proxy Voting Process; Proxy Voting by Mutual Funds; Activism and Mutual Funds; Current Issues in Proxy Voting; Proxy Voting Outside the United States; Chapter Summary; Notes; Section 3 Sales and Operations; Chapter 11 Retail Distribution; What Sells Mutual Funds?; Distribution Channels; Fund Platforms; Distribution Strategy; Chapter Summary; Notes; Chapter 12 Retirement Saving through 401(k) Plans; The Benefits of Tax-Deferred Saving 327 $aHistory and Growth of 401(k) Plans Contributions to 401(k) Plans; Investment Options in 401(k) Plans; Target Date Funds; Plan Administration; Chapter Summary; Notes; Chapter 13 Other Retirement Planning Options; Individual Retirement Accounts; Variable Annuities; The Future of Retirement Income in the United States; Chapter Summary; Notes; Chapter 14 Fund Operations; The Transfer Agent; Fund Accounting; Investment Operations; Chapter Summary; Notes; Section 4 Beyond Traditional Funds; Chapter 15 Exchange-Traded Funds; A Brief History; Advantages and Disadvantages; Legal Structure; Operations 327 $aPortfolio Holdings 330 $aA guide to how your money is managed, with foreword by Nobel laureate Robert Shiller The Fund Industry offers a comprehensive look at mutual funds and the investment management industry, for fund investors, those working in the fund industry, service providers to the industry and students of financial institutions or capital markets. Industry experts Robert Pozen and Theresa Hamacher take readers on a tour of the business of asset management. Readers will learn how to research a fund and assess whether it's right for them; then they'll go behind the scenes to see how funds are invested, sold a 410 0$aWiley finance series. 606 $aMutual funds$zUnited States 606 $aMutual funds 608 $aElectronic books. 615 0$aMutual funds 615 0$aMutual funds. 676 $a332.63/27 700 $aPozen$b Robert C.$0247185 702 $aHamacher$b Theresa 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910460625003321 996 $aThe fund industry$91931778 997 $aUNINA