It Is Claimed That a Secondary Advantage of Mutual Funds

question 63

Multiple Choice

It is claimed that a secondary advantage of mutual funds is that

• A)an investor can avoid investment charges and fees.
• B)they give ordinary people access to loanable funds for investing.
• C)they usually outperform stock market indexes.
• D)they give ordinary people access to the skills of professional money managers.

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Definitions:

Oxygen

A chemical element (symbol O) with atomic number 8, essential for most forms of life and crucial in combustion processes.

Limiting Reactant

The reactant in a chemical reaction that is completely consumed first, limiting the amount of product that can be formed.

NaOH

Sodium hydroxide, a strong base used in the manufacture of soap, paper, and many other chemicals; it is highly caustic.

HCl

Hydrochloric acid, a strong acid composed of hydrogen and chlorine, commonly used in industrial and laboratory settings.