A mutual fund allows investors to

Question

Quizplus · Accepted Answer

A mutual fund pools money from multiple investors and uses it to buy a diversified portfolio of securities such as stocks, bonds, and other assets. Investors do not trade stocks on their own or instruct the purchase of specific securities. Instead, they become owners of a portion of the overall portfolio based on the amount of money they invest. Investors may be able to deduct realized losses from their taxes, but not unrealized losses.

A Mutual Fund Allows Investors to