What is a mutual fund transfer agent?

So, what is the difference in a transfer agent and custodian?

The transfer agent is not responsible for overseeing the operation of the fund like the custodian bank. The transfer agent has the following responsibility: Provide quarterly statements for investors. Investors should be able to access annual tax documents.

What is RTA in mutual funds? What is the meaning of RTA in mutual fund?

How does a transfer agent also work?

Transfer agents keep records about who owns a company’s stocks or bonds. They also record how those stocks and bond are held, whether by the owner in certificate format, by the company in books-entry form, and by the investor's brokerage company in street name. They also keep track of how many shares and bonds each investor has.

Who is the custodian for a mutual fund?

A mutual funds custodian refers to a trust company, bank or other financial institution that is responsible in holding and protecting securities within a Mutual Fund.