Problemas
What is a mutual fund? A government savings bond A collection of investments managed professionally A type pf checking account A short-term loan
Roztwór
Ana
professionell · Tutor durante 6 años
4.4
(307 Votos)
Respuesta
B
Explicación
## Step 1A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, which is managed by an investment company. Each investor in the mutual fund owns shares, which represent a portion of the holdings of the fund.## Step 2The mutual fund is managed by a professional fund manager who makes the investment decisions on behalf of the fund's shareholders.## Step 3Given the options, the correct answer is "A collection of investments managed professionally". This is because a mutual fund is indeed a collection of investments managed professionally.