A Mutual Fund That Requires Investors to Make Regular Purchases

question 145

Multiple Choice

A mutual fund that requires investors to make regular purchases over a specified period of time is called a:

• A)regular account.
• B)voluntary savings plan.
• C)contractual savings plan.
• D)minimum withdrawal plan.
• E)free contract plan.

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Definitions:

Attachments

Emotional bonds between individuals, such as those between parents and children, that play a crucial role in personal development.

Chain Migration

A social process by which immigrants from a particular town or region follow others from that area to a specific destination or country.

Socially Isolated

The condition of being physically separated from social networks and support systems, often leading to feelings of loneliness.

Autonomy

The power to independently decide in an informed and free manner.