Commingled funds are essentially partnerships of investors who pool their money together to be managed collectively, often for a fee. This pooling strategy allows for greater diversification and management expertise than individual investors might achieve on their own.

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Commingled Funds Are

Question 22

Multiple Choice

Commingled funds are

A) amounts invested in equity and fixed-income mutual funds.
B) funds that may be purchased at intervals of 3, 6, or 12 months at the discretion of management.
C) amounts invested in domestic and global equities.
D) closed-end funds that may be repurchased only once every two years at the discretion of mutual fund management.
E) partnerships of investors that pool their funds, which are then managed for a fee.

Correct Answer: