An investment package that offers various investment services to its investors for a flat, one-time fee, usually paid every year. In this case, the investor only needs to specify which account to be managed, and the investment company will do the rest of the work such as wealth management, money management and custodial reporting services all under one umbrella.
Related information about mutual fund wrap:
- Mutual Fund Wrap Definition | Investopedia
Also known as a mutual fund advisory program or a wrap account, these programs give investors access to a large pool of mutual funds for one annual fee ...
- That's A (Mutual Fund) Wrap!
Sep 17, 2009 ... These advisory programs offer professional supervision and other handy tools for building a diversified portfolio.
- UBS - Mutual Fund Wrap Program
How do you find mutual funds that are suitable for you and can work in combination to pursue your goals?
- Mutual Fund Wrap - Financial Dictionary - The Free Dictionary
An investment vehicle in which an investor works with an investment adviser to take a long position in several mutual funds. The program utilizes an asset ...
- Yahoo! Finance - Mutual Funds Center: Beware of Wrap Accounts
The original wrap account concept has now been extended by the creation of mutual fund wrap accounts. Here, the broker or adviser selects a mutual fund ...
- What is mutual fund wrap? definition and meaning
Definition of mutual fund wrap: An investment package that offers various investment services to its investors for a flat, one-time fee, usually paid every year .
- The Death of Mutual Fund Wrap
Aug 27, 2012 ... John Bogle, founder and retired chairman of The Vanguard Group, observed during an August 21, 2012 live interview on CNBC, that 50% of ...
- Wrap Mutual Fund Disappointment
Oct 2, 2012 ... Solutions do exist and are based on cures for the very specific, inherent weaknesses of mutual fund wrap. Let's explore several of these ...