What functions do mutual funds perform for the public?
A)They acquire and pool funds from the public.
B)They invest the funds in capital market instruments.
C)They return the income received minus a management fee.
D)All of the above are functions of mutual funds.

Question

Quizplus · Accepted Answer

Mutual funds acquire and pool funds from the public, invest those funds in capital market instruments, and return the income received minus a management fee. Therefore, all of the above choices are functions performed by mutual funds for the public.

What Functions Do Mutual Funds Perform for the Public