Bond funds differ from individual bond purchases in that
A)bond funds offer less liquidity than individual bonds.
B)with a bond fund,you don't get professional management.
C)the bond fund doesn't mature as individual bonds do.
D)all of the above.

Question

Quizplus · Accepted Answer

Bond funds do not have a maturity date like individual bonds, which means investors may be exposed to interest rate risks. However, they do offer professional management and higher liquidity compared to individual bonds. Option A is incorrect because bond funds offer higher liquidity with the ability to buy or sell shares daily, unlike individual bonds that have a fixed maturity date. Option B is also incorrect.

Bond Funds Differ from Individual Bond Purchases in That