Economics Mutual Funds Questions
The role of a fund manager in a mutual fund is to make investment decisions on behalf of the fund's investors. They are responsible for selecting and buying securities, such as stocks, bonds, or other assets, with the goal of achieving the fund's investment objectives. The fund manager conducts research, analyzes market trends, and manages the portfolio to maximize returns while managing risks. They also monitor the performance of the fund and make necessary adjustments to the investment strategy as needed. Additionally, the fund manager communicates with investors, providing updates on the fund's performance and addressing any inquiries or concerns.