Canadian Heritage, an investment company that groups together pools of assets, showed an average return of 44% for the last three months. Canadian Heritage set up ________ for its investors.

Question

Quizplus · Accepted Answer

Canadian Heritage set up money market mutual funds for its investors because they offer a higher average return than time deposits, demand deposits, or term deposits. Hedge funds are not typically set up by investment companies that group together pools of assets.

Canadian Heritage, an Investment Company That Groups Together Pools of Assets