A mutual fund that is organized as a limited partnership with high minimum investments is called a
A)hedge fund.
B)investment bank.
C)mutual savings bank.
D)money market mutual fund.

Question

Quizplus · Accepted Answer

A mutual fund that is organized as a limited partnership with high minimum investments is called a hedge fund. Hedge funds are typically only available to accredited investors with high net worths and offer more complex investment strategies and potentially higher returns, but also come with higher risks.

A Mutual Fund That Is Organized as a Limited Partnership