Which One of These Correctly Applies to Mutual Funds

question 99

Multiple Choice

Which one of these correctly applies to mutual funds?

• A)mutual funds are a costly means of achieving portfolio diversification.
• B)funds are required to limit their annual fees and expenses to less than 1 percent of the portfolio value.
• C)you can generally buy additional shares in the fund at any time.
• D)shareholders sell their shares to other shareholders.

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