You are the chief operating officer at Generation Investors (GI) – an Irish-based fund management company (FMC) that is seeking to simplify the process of fund investing for people of all generations. GI wants to launch a range of investment funds that are simple for investors and wants to produce supporting educational material to assist investors to understand the features of the funds.

GI’s executive team has asked you to consider the topics that should be included in the educational material. They have also asked you about various aspects of the operation of the new funds, including their portfolio management and the legal form, regulatory classification, and fund structure that should be used.