Collective investment scheme
Nigeria Mutual Fund Structure Map
Follow money through a Nigerian mutual fundA pooled investment vehicle that combines money from many investors into one professionally managed portfolio. and distinguish the fund managerThe licensed firm responsible for investment decisions and day-to-day management of a fund., custodianA licensed institution that safeguards a fund's cash and securities separately from the manager's own assets., trustee, registrar, auditor, distributor, and SEC Nigeria.
What you will learn
Who receives the money, what you own, who protects the asset, who keeps the records, and where responsibility sits when something fails.
The structure at a glance
investor
You
intermediary
Platform
intermediary
Fund manager
safeguard
Custodian
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