Mutual funds that invest in foreign bonds as well as Canadian bonds are called

Question

Quizplus · Accepted Answer

A mutual fund that invests in both foreign and Canadian bonds is called a global bond fund. This type of fund provides investors with exposure to a diversified portfolio of bonds from various countries, therefore reducing the overall risk of the fund. The other options are not correct because they either refer only to foreign bonds (options A and B) or to a specific type of bond (option C, which refers only to US Treasury bonds).

Mutual Funds That Invest in Foreign Bonds as Well as Canadian