A Major Benefit of Investing in Mutual Funds Is

question 73

Multiple Choice

A major benefit of investing in mutual funds is:

• A)reducing the Beta of the investment portfolio.
• B)increasing the Beta of the investment portfolio.
• C)low cost reduction of exposure to unique risks.
• D)the elimination of market risk.

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Definitions:

Ethical Guidelines

A set of principles designed to guide behavior and decision-making to ensure moral and professional standards are maintained.

Formalized Sets

Rigorous and structured groups or collections of objects, ideas, or rules defined by specific criteria.

Codes of Ethics

A set of guidelines designed to set out acceptable behaviors for members of a particular group, profession, or team.

Principle of Justice

A fundamental ethical guideline stating that fair treatment should be applied equally to all individuals within a specific context or society.