Of the different types of mutual funds,________ are by far the most popular,and now account for half of all mutual funds.
A)money market mutual funds
B)stock mutual funds
C)balanced mutual funds
D)asset allocation funds
E)bond funds

Question

Quizplus · Accepted Answer

Stock mutual funds are by far the most popular type of mutual fund and account for half of all mutual funds. This is because they offer investors the opportunity to invest in a diversified portfolio of stocks, which can help to reduce risk and maximize returns. Additionally, stock mutual funds offer investors the ability to invest in a wide range of companies and industries, which can further diversify their investment portfolio.

Of the Different Types of Mutual Funds,________ Are by Far