This article provides a broad treatment of transparency and the specific normative data and information that are essential to make transparency effective for meeting the normative needs of shareholders. The template offered here is a tool for providing transparency in normative mutual fund...

This chapter provides an in-depth discussion of important issues related to mutual fund distribution. Two major topics are fund distribution channel characteristics and Rule 12b-1 fees and distribution. Distribution channel characteristics discussed include direct channel, advice channel,...

This study reports the results of a longitudinal study of the association between selected bank funds measures and relative profitability, with emphasis on high-performance banks. Bank funds management is an increasingly major component of bank financial management. Bank funds management has...

The purpose of this study is to discuss research that identifies heterogeneous mutual fund and investor attributes and relations that explain dispersion in fund fees. One might think there is a short list of attributes and relations, such as high versus low expense ratios, that tells the full...

The PDF file includes the forthcoming book's table of content. When the financial history of the United States is written, one chapter will necessarily be dedicated to mutual funds. This industry has been and continues to be one of the extraordinary growth stories in the history of American...