Monday, December 27, 2010

Fund Supermarket

A fund supermarket aggregates the products of several fund managers on a single platform, allowing investors to maintain a single account and purchase through a single point. Some fund supermarkets operate an online discount brokerage model, which is also referred to as mezzanine or direct distribution. A fund supermarket can be good for investors who are relatively knowledgeable and may not need advisers, sometimes the fees will be cheaper for investors that buy through this channel.

Synonyms: Online fund supermarket, Direct distribution

If you have any questions, or disagree with the definition, or if you have anything to add then please do add your comments in the box below.

No comments:

Post a Comment