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FUND FACTSET JULY 2016HOW TO READ THE FACTSET? July 2016Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He
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A mutual is a type of financial institution that operates as a cooperative, owned and controlled by its members, who usually have a common bond such as working for the same employer or belonging to the same organization.
Mutuals are required to file financial reports with regulatory authorities such as the Securities and Exchange Commission.
To fill out a mutual report, detailed financial information about the institution must be provided, including assets, liabilities, income, and expenses.
The purpose of a mutual is to provide financial services to its members, often at lower costs than traditional banks or other financial institutions.
Information such as balance sheet, income statement, cash flow statement, and other financial data must be reported on a mutual.
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