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:

Systolic

Relating to the phase of the heartbeat when the heart muscle contracts and pumps blood into the arteries.

Diastolic

Pertaining to the phase of the heartbeat when the heart muscle relaxes and allows the chambers to fill with blood.

OTC Drugs

Medications that can be bought without a prescription, typically for the treatment of minor health problems.

Dietary Supplements

Vitamins, minerals, herbals, and other substances taken by mouth without a prescription to promote health and well-being.