Which of the following type of funds cater to wealthy individuals, are NOT bound by government regulations, and are actively traded in foreign exchange markets?

Question

Quizplus · Accepted Answer

Hedge funds cater to wealthy individuals, are not bound by government regulations, and are actively traded in foreign exchange markets. Pension funds are regulated by government and cater to employees of specific organizations. Mutual funds are regulated by government and can be invested by anyone. Exchange funds are a type of mutual fund but are used for exchanging appreciated assets without paying capital gains tax.

Which of the Following Type of Funds Cater to Wealthy