Which of the Following Is Not One of the Advantages

question 59

Multiple Choice

Which of the following is not one of the advantages of bond mutual funds?

• A)Immediate diversification of the bond portfolio
• B)Having a professional fund manager evaluate which bonds to buy and sell
• C)Having to pay for the professional fund manager and other expenses in the expense ratio,thus lowering yield
• D)Diversification of risk,as the investment is spread among government,corporate,and mortgage-backed bonds

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Verbal

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Relating to sight or the ability to see, encompassing all aspects of perceiving the world through the eyes.

Auditory

Pertaining to hearing, including the organs involved in hearing and the perception of sound.

Mental Retardation

An outdated term previously used to describe a condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills. The term now replaced by Intellectual Disability.