ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mutual Fund
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Speculative Investments
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Real Estate
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None of 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. The combined holdings of the mutual fund are known as its portfolio.
Detailed explanation-2: -A mutual fund pools money from many investors and invests it in securities, such as stocks, bonds, or other assets. The combined holdings are referred to as a “portfolio, ” which is managed by a fund manager or team of fund managers.
Detailed explanation-3: -A mutual fund is a type of investment vehicle where the money collected from various investors is pooled together to invest in different assets including bonds, stocks, and/or money market investments.
Detailed explanation-4: -A “fund of funds” (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment.