Which of the following are reasons for purchasing a mutual fund?

Question

Quizplus · Accepted Answer

Purchasing a mutual fund provides professional management and diversification, which makes it easier for an individual to invest in a variety of stocks or bonds without having to personally manage each investment. Mutual funds also allow for better risk management due to diversification. While some mutual funds may have tax benefits, this is not a primary reason for purchasing them.

Which of the Following Are Reasons for Purchasing a Mutual