Explain why mutual fund managers face an inherent conflict in their roles as fiduciaries.

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Mutual Funds And Exchange Traded Funds Building Blocks To Wealth

ISBN: 9780190207434

1st Edition

Authors: H. Kent Baker, Greg Filbeck, Halil Kiymaz

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Question Posted: Nov 28, 2023 05:33 AM

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Explain why mutual fund managers face an inherent conflict in their roles as fiduciaries.

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Mutual fund managers act as fiduciaries which means they are legally obligated to act in the best interest of their clients the mutual fund investors ...View the full answer

Mutual Funds And Exchange Traded Funds Building Blocks To Wealth

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