The key advantage of a family of mutual funds is
A) the ability to diversify an investment portfolio.
B) the ability to add funds on a regular basis such as with a 401K retirement plan.
C) the ability to shift quickly from one type of mutual funds to another with little or no cost and without rolling over 401K monies.
D) the ability to shift from one mutual fund management company to another.
Correct Answer:
Verified
Q8: Mutual funds offer diversification and professional investment
Q21: Unlike mutual funds that their leverage is
Q22: No-load mutual funds compensate investment managers and
Q23: Open-end investment companies are also called _
Q24: The majority of securities owned by open-end
Q26: Mutual funds that do not charge a
Q27: One of the benefits investing in hedging
Q28: Money market mutual funds do NOT invest
Q29: Mutual fund management companies offering families of
Q30: Load mutual funds are sold at
A) the
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