A Fund That Invests in Several Mutual Funds Is Called

question 60

Multiple Choice

A fund that invests in several mutual funds is called a(n)

• A)economies of scope fund.
• B)fund of funds.
• C)diversified mutual fund.
• D)financial conglomerate.

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Definitions:

Ontogenetic

Pertaining to the development of an individual organism or individual anatomical or behavioral characteristic from conception to maturity.

Monozygotic

Referring to twins developed from a single fertilized ovum, hence they are genetically identical.

Codominant

A genetic scenario in which two alleles of a gene are expressed equally in the phenotype of heterozygotes.

Heterozygous Individual

A heterozygous individual possesses two different alleles of a gene for a particular trait, resulting in genetic variation.