A Mutual Fund Is Owned By

question 86

Multiple Choice

A mutual fund is owned by:

• A)its shareholders.
• B)a management company.
• C)a financial institution.
• D)the fund's board of directors.
• E)a mutual fund family.

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Definitions:

Financially

Relating to finances or financial matters, often referring to the management, investment, and saving of money.

Emotional Intelligence

The ability to recognize, understand, manage, and use emotions effectively in interpersonal interactions.

Emotional Attachment

A deep emotional bond that forms between individuals, affecting their behaviors and feelings towards each other.

Affective Commitment

The emotional attachment an individual feels towards an organization, characterized by identification with, involvement in, and affection for the organization.