Every mutual fund is registered with the SEC as a trust. The question firms need to ask when launching a pooled product such as a mutual fund is: do we launch this fund in a standalone trust or as part of a series trust?
There are many differences between starting a fund in a standalone trust versus joining an existing series trust. Creation costs, time to market, the SEC review process timeline, various fees and more are different in each model.
We put together a quick guide highlighting the main differences between the models. As always, we are available to talk through each approach with your firm and help you decide which makes the most sense for your pooled product. Call us at 855-891-0092 or visit us online for more information at www.geminifund.com.
Download our quick guide here: Standalone versus Series Trust