A mutual fund can reduce a variety of costs related to investment and management of portfolios.

Name: A mutual fund can reduce a variety of costs related to investment and management of portfolios.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Mutual funds pool money from multiple investors and have economies of scale that help to reduce costs related to investment and management. They can also offer investors access to diversified portfolios that would be difficult and costly to replicate on their own.

A Mutual Fund Can Reduce a Variety of Costs Related