____________an investment fund that not only buys financial assets (stocks,bonds,currencies),but also sells them short.
A)A hedge fund
B)A merchant bank
C)An economic fund
D)A reserve bank

Question

Quizplus · Accepted Answer

A hedge fund is an investment fund that can buy and hold financial assets for long-term gains, but can also sell short. This means they can make investment gains from assets decreasing in value, not just increasing in value. Merchant banks may offer similar investment services but not necessarily with short selling capabilities. Economic and reserve banks are typically governmental institutions that do not engage in this type of investment activity.

____________An Investment Fund That Not Only Buys Financial Assets (Stocks,bonds,currencies),but