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

Question

Quizplus · Accepted Answer

A mutual fund that only invests in companies outside the United States is typically referred to as an international fund. While choice E) global may seem like a good option, a global fund can invest in companies from around the world, including those in the United States. Choice A) growth-income and B) income are not relevant to the type of fund being described. Choice D) industry doesn't fit the description either, as it refers to a mutual fund that invests in a specific industry, not a specific geographical location.

A Mutual Fund That Only Invests in Companies Outside the United