Which One of the Following Is Not a True Statement

question 61

Multiple Choice

Which one of the following is not a true statement?

• A)Most mutual funds invest in stocks, bonds, and other securities.
• B)Diversification provided by a mutual fund reduces risk.
• C)The goals of one mutual fund investor may differ from those of another.
• D)Since mutual fund managers are professionals, there is no need to evaluate a mutual fund.
• E)Mutual fund investments range from very conservative to very speculative investments.