A mutual fund that only invests in companies outside the United States is called a(n) ____________ fund.

Question

Quizplus · Accepted Answer

A mutual fund that only invests in companies outside the United States is called an international fund. Choice A (growth-income) and B (income) do not necessarily imply investments outside the United States, and choice D (industry) refers to investing in a specific sector or industry within a specific country. Choice E (global) refers to investing in companies worldwide, including those in the United States.

A Mutual Fund That Only Invests in Companies Outside the United