Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world,excluding the United States.What type of mutual is she buying?

Question

Quizplus · Accepted Answer

Norma Rose is buying an international fund because it invests in foreign stocks sold in securities markets throughout the world, excluding the United States. A global fund would include investments in the US market, while a regional fund focuses on a specific region of the world. Aggressive growth and equity income funds are types of investment strategies, not specific to international or foreign stocks.

Norma Rose Is Buying Shares in a Mutual Fund That