Cycles in the Night – Processing of a Mutual Fund Transaction
Prairie Eco-Thrifter
JANUARY 6, 2014
If you own mutual funds, chances are, your data is stored on and processed by this transfer agency, not your mutual fund company. If you send in a check to make a purchase, it most likely goes directly to the location of the transfer agency, where it is scanned electronically. Nightly mutual fund processing at the transfer agency.
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