What is the difference between a pooled fund and a mutual fund?
Pooled funds and mutual funds are very similar in how they operate, with just a few aspects differentiating them. Pooled funds are typically available only to members of company group sponsored plans or high net worth individuals while mutual funds are available to both individual investors and members of group plans. Mutual funds are offered by prospectus only and as such you must receive a copy of the prospectus prior to investing. Pooled funds have a different registration status and therefore do not require a prospectus. McLean Budden offers discretionary management services for a minimum portfolio size of $500,000 for mutual funds and $1,000,000 for pooled funds. McLean Budden mutual funds are also available through advisors and discount brokerages for a minimum investment of $10,000 per fund. 0 false 18 pt 18 pt 0 0 false false false /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:
