For fund to locate you. Send the payments received from mutual fund directly to a third person. Automatic withdrawal Arrange for redemption of pre-specified number of units to be sent to third person. Based on investment in funds. The fund manager s broker allows the trading by fund members, at the institutional rates.
Investors can give certificates of fund shares to third parties.
Provide services, online, through internet. Those with a minimum account balance get a host of additional services. Make the statements more helpful, and offer advice, on tax efficiency. In addition to factors like risk, costs and expected returns, level of service is an important factor, for choosing the right mutual fund. Inc. All rights reserved worldwide.