Jessica Jenkins,a 30-year-old history teacher,planned to invest $10,000 in an equity mutual fund.She wanted a fund with maximum geographical diversification.Jessica was seeking high capital gains from her investment and was comfortable with a fair amount of risk.Which one of the following types of mutual fund would Jessica most likely choose?

Question

Quizplus · Accepted Answer

C)A global fund gives maximum geographical diversification because it includes U.S. stocks as well as foreign stocks. And small-cap growth stocks have the potential of delivering higher capital gains than large-cap value stocks.

Jessica Jenkins,a 30-Year-Old History Teacher,planned to Invest $10,000 in an Equity