Skip to main content

Custodian

A financial institution that manages the assets of mutual funds, settles all portfolio trades, and gathers the majority of the valuation information needed to determine a fund's net asset value (NAV).

Popular posts from this blog

Alphabet Unleashes $70 Billion Buyback After Blowout Quarter

Amazon Posts Solid Q1, But Uncertain Tariff Outlook Rattles Investors

Adobe Rallies on Strong Earnings and AI Momentum