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Question

Which of the following statements is correct regarding Mutual Fund?

A A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Correct Answer Incorrect Answer
B Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds, and other securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Correct Answer Incorrect Answer
C Mutual funds invest in a vast number of securities, and performance is usually tracked as the change in the total market cap of the fund—derived by the aggregating performance of the underlying investments. Correct Answer Incorrect Answer
D All of these Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

All of the statements are true regarding mutual funds.

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