The Uneasy Chaperone : A Resource for Independent Directors of Mutual Funds

Uneasy Chaperone is a readable new guide for mutual fund directors (sometimes called trustees), their counsel, advisors and support staff. It is a practical, down to earth guide which helps directors’ understand the intricacies of their job. Uneasy Chaperone serves as an informative text for all who work in, and study about, the U.S. mutual fund industry. The text is written for laymen, not lawyers, and describes the fine balance between safeguarding the investors’ interest and helping the industry to grow.

Mutual fund shareholders will also be interested to learn about the added safeguard for their investments represented by their fund’s independent directors. The Chairman of the U.S. Securities and Exchange Commission has called independent directors “The Fund Investors’ Watchdog”. This book explains what that means and how the directors accomplish their mission

The US mutual fund industry is the envy of financial planners all over the world. Many of these will benefit from learning about the important role of US mutual fund directors in the success of the industry.