Fund Manager: Each fund has a manager or a group of managers responsible for determining the fund's portfolio and investment strategy. The investment portfolio is selected according to the investment objectives of the fund prospectus and determined by the investment strategy of the fund manager.

Traders generally refer to people who are designated by the plan to buy and sell products in the financial securities and futures markets.

One is the one who decides the fund portfolio, and the other is the person who analyzes the later trend of each portfolio product.

One is a person who makes decisions, and the other is a person who only does analysis.

State Street Investments