Asked by Miladis Rivas on May 21, 2024

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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.
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Verified Answer

NK
Nicole KasperekMay 27, 2024
Final Answer :
A
Explanation :
A mutual fund pools the contributions of many investors and employs a professional manager to select securities that match a particular set of investment goals. This allows investors to diversify their portfolios without having to individually select and manage a large number of securities.