Which of the Following Is a Drawback of Mutual Funds

question 49

Multiple Choice

Which of the following is a drawback of mutual funds?

• A) There is no scope for financial diversification.
• B) The professional management touted by many funds does not come cheap.
• C) Most investors do not find a fund that is a good match based on their investment goals.
• D) Withdrawing funds from a mutual fund is extremely difficult.

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Parliament Hill

The location of Canada's federal legislature in Ottawa, known as the seat of the country's parliamentary democracy.

Nonmaterial

Relating to intangible elements, such as thoughts, culture, values, and beliefs, rather than physical or material aspects.

Social Change

The alteration of social structures, patterns of behavior, and cultural norms over time.

Informal Social Movements

Unofficial collective efforts by people to achieve a common goal, typically aimed at social change, which are less structured than formal organizations.