If Betty has limited savings, very limited investment knowledge, and low income, which of the following funds would not be appropriate for her?

Question

Quizplus · Accepted Answer

Hedge funds are typically only available to accredited investors who have a high net worth and a sophisticated understanding of investing. It would not be appropriate for Betty, who has limited savings and investment knowledge, to invest in a hedge fund. The other three funds, segregated funds, dividend funds, and balanced funds, could be appropriate for Betty depending on her specific financial goals and circumstances.

If Betty Has Limited Savings, Very Limited Investment Knowledge, and Low