A Mutual Fund Serves Which of the Following Functions

question 14

Multiple Choice

A mutual fund serves which of the following functions?

• A) It invests in companies that have mutual interests.
• B) It brings together investors with a mutual interest.
• C) It invests only in mutual insurance companies.
• D) It pools investors' funds to buy a selection of securities that meet stated investment goals.

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Definitions:

Irreducible Function

A fundamental role or purpose of a system or structure that cannot be simplified or reduced to its components without losing its essence.

Emotional Support

Assistance provided through empathy, understanding, and care to help someone manage their emotions.

Investing In Children

The allocation of resources towards the well-being, education, and development of children, with the belief that such investments yield long-term societal benefits.

Emotional Support

Assistance provided through empathy, concern, and encouragement to help individuals cope with emotional distress or difficulties.