Sunday, January 2, 2011

Distributor

A fund distributor is a person or company that is responsible for selling and marketing funds to prospective investors. The various rules and laws the govern distributors varies around the world, with many jurisdictions making use of self-regulatory bodies. Generally the distributor will have a series of minimum responsibilities with respect to prospective investors, such as providing fund documentation e.g. prospectuses, reports, statements, etc. There are a range of types of distributors such as financial advisors, brokers, fund supermarkets, direct distribution from the manager, and others.

Synonyms: Intermediary, Fund distributor, Fund sales channel, Distribution channel

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