2min chapter

Animal Spirits Podcast cover image

Talk Your Book: What Makes an Index Fund Work

Animal Spirits Podcast

CHAPTER

How Do You Execute Mutual Funds?

The index provider itself really sets the target of what you're investing against. The second is we have to use brokers to do our execution and we need them across the globe. We need experts on the ground in the countries I talked about in Japan or India to help us with execution. And the final component is a custodian who really makes sure that the mutual fund assets are there for investors when they date them. Those would be the big three I talked about.

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