Funds Administration Overview
6 Questions
Settings
-
+
A brief quiz to test your understanding of our Funds Administration Overview lesson.
Questions and Answers
- 1.Funds Administration is the name given to the set of services provided in support of the running of a fund
- A.
True
- B.
False
- 2.The fund manager outsources fund administration services to:
- A.
Government agencies
- B.
3rd party service providers
- C.
Other fund managers
- 3.The Funds Administration Industry refers to the group of companies providing these supportive services
- A.
True
- B.
False
- 4.Which service does the Fund Manager not outsource to the Fund Administrator?
- A.
Payment of the funds expenses
- B.
Portfolio management and investment decision making
- C.
Reconciliation of daily and monthly broker statements
- 5.The fund administrator can also provide shareholder services including the processing of subscriptions and redemptions to the fund
- A.
True
- B.
False
- 6.Fund administration falls into which catergory?
- A.
Front Office
- B.
Middle Office
- C.
Back Office
Back to top
