If the individual seeks to reduce risk,that investor should not acquire which of the following types of funds?

Question

Quizplus · Accepted Answer

Sector funds are generally considered to be higher risk as they focus on a specific industry or sector, which makes them more vulnerable to market fluctuations and changes within that industry. Therefore, if the individual seeks to reduce risk, they should avoid acquiring sector funds. Money market mutual funds, balanced funds, and index funds are generally considered to be lower risk options.

If the Individual Seeks to Reduce Risk,that Investor Should Not