Start a Successful Mutual Fund: The Step-by-Step Reference Guide to Make It Happen sets out everything you need to know about getting a fund off the ground: what to do, what it will cost, how to avoid common pitfalls, how to build a fund that will survive.
Author Melinda Gerber drew on in-depth professional knowledge and an exhaustive list of sources in the mutual fund industry to write the only book available about starting an open-end mutual fund. Among the revelations:
· The golden profitability point ($33M or less in assets under management!)
· All the steps from conception to inception
· "Watch outs" that can dramatically save costs
· Low-to-no cost marketing strategies
· Day 1 expectations and preparations