Which one of the following is FALSE?
A) Most mutual funds invest in stocks, bonds, and other securities.
B) Diversification provided by a mutual fund reduces risk.
C) The goals of one mutual fund investor may differ from those of another.
D) Since mutual funds are professionally managed, there is no need to evaluate a mutual fund.
E) Mutual fund investments have a wide range of investments.
Correct Answer:
Verified
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