Which One of the Following Describes an Investment Company That

question 83

Multiple Choice

Which one of the following describes an investment company that generally has an unrestricted investment strategy and is not accessible to the general public?

• A)mutual fund
• B)open-end fund
• C)closed-end fund
• D)exchange-traded fund
• E)hedge fund

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Definitions:

Multiple Writers

The involvement of more than one author or contributor in the creation of a document or piece of content.

Purpose

The reason for which something is done or created, or for which something exists.

Direction

Guidance or supervision regarding the course or path to be followed.

Content

The information or experience provided to an audience or users by a medium or through a communication channel.