Which of the Following Is Not True of Mutual Funds

question 115

Multiple Choice

Which of the following is not true of mutual funds?

• A)Mutual funds range from very conservative to extremely speculative investments.
• B)They do not offer diversification.
• C)They can be used for retirement accounts.
• D)This investment provides professional management.
• E)A mutual fund pools the money from many investors.

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Definitions:

Erect

To construct, build up, or establish something in an upright position.

Fence

A structure serving as an enclosure, barrier, or boundary, typically made out of wire, wood, or other materials.

Tender Of Performance

An offer by one party to perform their obligations under a contract, in accordance to the contract's terms.

Conditional

Depending on or subject to one or more conditions or requirements being met; not absolute.