Hugh Jackman is thinking about buying an investment.The investment option that he is thinking about buying is an investment where investors pool their money.One of the key features is that it is managed by professional managers.What investment is Hugh thinking about purchasing?
A)Common stock
B)Preferred stock
C)Corporate bond
D)Real estate
E)Mutual fund

Question

Quizplus · Accepted Answer

The investment option being described is a mutual fund, where investors pool their money and it is managed by professional managers. Common stock, preferred stock, and corporate bonds are all individual securities that are not managed by professional managers in the same way. Real estate may have a professional manager, but it is not typically thought of as an investment where individuals pool their money.

Hugh Jackman Is Thinking About Buying an Investment