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What is custodian?

A custodian is when an institution is assigned the responsibility for securing a customer�s assets. Financial institutions sometimes manage the assets as well as protect them thus they are the custodians. There are some extra fees in each transaction but they can pay off in the event of a financial crisis.

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.