Which One of the Following Statements Is Not a Characteristic

question 44

Multiple Choice

Which one of the following statements is not a characteristic of mutual funds?

• A)they are always considered to be financial institutions.
• B)they raise money by selling shares to investors.
• C)they pool the savings of many investors.
• D)they offer professional management and portfolio diversification.

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Definitions:

Genetic Makeup

The set of genes or genetic information that an individual inherits from their parents, which contributes to their physical and psychological traits.

Shared Environment

Aspects of the environment that individuals living together share, affecting their development and traits in a similar manner.

Environmental Factors

Elements outside the individual, such as social, cultural, and physical environments, that can influence one's behavior and development.

Personality Traits

Enduring patterns of thought, feeling, and behavior that characterize an individual and differentiate them from others.