A ____ pools the contributions of many investors and employs a professional manager to select securities that match a particular set of investment goals.
A)mutual fund
B)stock
C)bond
D)real asset

Question

Quizplus · Accepted Answer

A mutual fund pools the contributions of many investors and employs a professional manager to select securities that match a particular set of investment goals. This allows investors to diversify their portfolios without having to individually select and manage a large number of securities.

A ____ Pools the Contributions of Many Investors and Employs