Which companies are involved in a fund?

The key players are the asset management company (collective investment business entity), which creates the fund and gives management instructions; the distributor (a securities firm, bank, insurer, etc.), which sells the fund to investors; and the trust company, which carries out management instructions and holds and administers the money and assets.

Others include the general administration company, which handles administrative work such as calculating the NAV per unit, and fund rating companies, which evaluate funds.