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?

Question

Quizplus · Accepted Answer

A mutual fund is an investment option where investors pool their money, and the fund is managed by professional managers. This is different from common stock, preferred stock, and corporate bonds, where investors do not pool their money, and they do not usually have the benefit of professional management. Real estate can be an investment option where investors pool their money, but it is not usually managed by professional managers in the same way that mutual funds are. Therefore, the best choice based on the given information is E) mutual fund.

Hugh Jackman Is Thinking About Buying an Investment