Why Do MFDs Need Mutual Fund Software to Keep Clients Invested for the Long Run?
If there is one thing that matters the most to Mutual Fund Distributors (MFDs), it is keeping their client base stable. Client retention ensures consistent business growth, and Mutual Fund Software is a game-changer in achieving this goal.
Challenges Faced by MFDs in Retaining Clients
Despite their best efforts, MFDs face several challenges that can disrupt their client base and affect their revenue:
1. Frequent Redemptions
Investors often redeem their investments prematurely, especially...
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