Noelle Simon is buying shares in a mutual fund that only invests in companies located in Latin America.What type of mutual fund is this?

Question

Quizplus · Accepted Answer

The mutual fund that only invests in companies located in Latin America is a regional fund. Option A (aggressive growth fund) and B (equity income fund) are not relevant to this specific type of mutual fund, as they refer to investment strategies rather than geographical focus. Option C (global fund) and D (international fund) may include investments in Latin America, but they are not exclusively focused on this region like a regional fund is.

Noelle Simon Is Buying Shares in a Mutual Fund That