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Title: Essential but should have looked overseas
Review: If you are really interested by making your own mutual fund, this is an essential book to have. It gives you the require amount of work, the required capital value, the minimum costs, what to do, what to expect, how to team up (you can't do it alone), common mistakes, and good other advices.However you won't find a line on how to set-up your mutual fund in another country than the USA, but it will give you the general idea of what this industry is like (even if you are not creating your fund in the US, what makes your fund a good mutual fund? Find the answer in the book). Since the US has the tightest regulations, making your mutual fund in another country will be easier. Having this book will help you compare the USA with other jurisdictions.Warning: it is illegal to set-up a foreign mutual fund targeted for US-investors.
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