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How Mutual Funds Work (New York Institute of Finance (Paperback))
Albert J. Fredman, Russ Wiles

How Mutual Funds Work (New York Institute of Finance (Paperback)) - image
Rating: 4.5/5 Stars
Rank: 21712
See Inside the Wrapper of Your Mutual Fund
(No. Hollywood, CA USA) April 28, 2000 - 5.0/5 stars

Even though the authors are academics, this book is not bogged down with heavy, collegiate, turgid text and calculations.

Rather, Fredman and colleagues have simply gone about explaining the various difficult-to-understand aspects of the mutual funds industry.

This information is essential to your understanding of the various ratings and types of mutual funds.

As a securities industry manager and former regulator, I first began to use the book to become familiar with the details of such things as 12b-1 fees, expense ratios, comparative assessment of funds, features offered as sales incentives or to ease transactions (e.g. dividend reinvestment, 1035 exchanges, intra-fund familiy exchanges, etc.).

As time went on I have kept this book in my office.

It has become essential to answer the occasional questions that arise and which are more detailed and technical than my memory can answer.

The book has never come up short on this count.

You should also look for other publications of NYIF (New York Institute of Finance).

This is formerly the publishing arm of the NYSE. The material published by NYIF is "from the horse's mouth" and right on the mark for those seeking to learn details of how the profession of finance works.

Despite this, the material is never overly technical and theoretical. Rather, the material is practical day-to-day information which will wind up on your reference shelf.

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Customer Reviews


How Mutual Funds Work (New York Institute of Finance (Paperback))
Albert J. Fredman, Russ Wiles

Customer Review 1 - 2 of 2
1.A Comprehensive and well-written book. Very enjoyable.
(United States) February 28, 2000 - 5.0/5 stars
I have read several books on mutual funds but this one by far is the best. Fredman and Wiles cover almost every topic that you could think of: how to analyze the fund, sorting out costs, evaluating risks and much more... read full review
Current Review
2.See Inside the Wrapper of Your Mutual Fund
(No. Hollywood, CA USA) April 28, 2000 - 5.0/5 stars
Even though the authors are academics, this book is not bogged down with heavy, collegiate, turgid text and calculations. Rather, Fredman and colleagues have simply gone about explaining the various difficult-to-understand... read full review




Editorials


How Mutual Funds Work (New York Institute of Finance (Paperback))
Albert J. Fredman, Russ Wiles


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How Mutual Funds Work (New York Institute of Finance (Paperback))
by Albert J. Fredman, Russ Wiles


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