The entity through whom investors buy and redeem mutual fund shares is the fund's:

Question

Quizplus · Accepted Answer

The entity through whom investors buy and redeem mutual fund shares is the fund's principal underwriter. The fund's custodian is responsible for items such as accounting for the fund's assets and settling securities transactions; its transfer agent maintains records of the shareholders' accounts; and its investment adviser handles the purchase and sale of the securities within the fund.

The Entity Through Whom Investors Buy and Redeem Mutual Fund