ECONOMICS
RISK AND RETURN
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Purchased in any amount
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Can be focused on a single asset class
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Invested by sector
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All the above
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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.
Detailed explanation-2: -What types of mutual funds are there? Most mutual funds fall into one of four main categories – money market funds, bond funds, stock funds, and target date funds. Each type has different features, risks, and rewards.
Detailed explanation-3: -A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.
Detailed explanation-4: -Stock mutual funds. Also called equity funds, this type of mutual fund owns shares of stock in public companies. Bond mutual funds. Balanced mutual funds. Money market mutual funds. Target date funds. 02-Mar-2023