BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What Term best fits this description:are investments owned by a group of investors.
A
401(k)s
B
Mutual funds
C
Money market accounts
D
Bonds
Explanation: 

Detailed explanation-1: -A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio.

Detailed explanation-2: -An investment club is a group of individuals who meet for the purpose of pooling money and investing; members typically meet on a periodic basis to make investment decisions as a group through a voting process and recording of minutes, or gather information and perform investment transactions outside the group.

Detailed explanation-3: -Investors of mutual funds are known as unitholders. The profits or losses are shared by investors in proportion to their investments. Mutual funds normally come out with a number of schemes which are launched from time to time with different investment objectives.

Detailed explanation-4: -A mutual fund. A professional manager chooses investments that match the fund’s goals for risk and return. You can redeem your fund units at any time. + read full definition is a collection of investments, such as stocks, bonds and other funds owned by a group of investors and managed by a professional money manager.

There is 1 question to complete.