Asked by Miladis Rivas on May 21, 2024
Verified
A ____ pools the contributions of many investors and employs a professional manager to select securities that match a particular set of investment goals.
A) mutual fund
B) stock
C) bond
D) real asset
Mutual Fund
An investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.
Professional Manager
A person responsible for controlling or administering all or part of a company or similar organization.
Investment Goals
Objectives or targets set by an individual or institution for their investment activities, often to guide decision-making.
- Acknowledge the role and function of a mutual fund.
Verified Answer
Learning Objectives
- Acknowledge the role and function of a mutual fund.
Related questions
In the 15 Years Ending February 2016, Most Active Portfolio ...
Historically, Stocks Have Offered Higher Rates of Return Than Bonds
Actively Managed Mutual Funds Usually Fail to Outperform Index Funds ...
The Average Maturity of Fund Investments in a Money Market ...
As of 2017, Approximately ________ of Mutual Fund Assets Were ...