Which of the following is an advantage of many mutual funds?

Question

Quizplus · Accepted Answer

The advantage of many mutual funds is that they allow investors to diversify their portfolio of securities at a relatively low cost. This helps to reduce the risk of investing in individual securities and provide a more balanced investment strategy. Mutual funds are not guaranteed and may not offer a higher return than individual stocks. They are also not bought and sold like stocks, as the price is determined by the net asset value (NAV) at the end of the trading day.

Which of the Following Is an Advantage of Many Mutual