Which of the Following Statements About Mutual Funds Is True

question 50

Multiple Choice

Which of the following statements about mutual funds is true?

• A)mutual funds are only for highly sophisticated investors
• B)the fees and charges of different funds can vary significantly
• C)mutual funds can only invest in stocks
• D)all mutual funds come without a fee

---

Definitions:

Nucleic Acids

are biopolymers essential for all known forms of life, including DNA and RNA, which carry genetic information and play roles in protein synthesis.

Phosphate

A chemical derivative of phosphoric acid, containing the phosphate ion, PO4^3-, which plays a significant role in biological molecules such as DNA and ATP.

Sulfur

A chemical element that is a nonmetal, yellow in color, with the atomic number 16, commonly found in minerals and used in various industrial processes.