Mutual funds give individual investors a low-cost way to diversify.

Question

Quizplus · Accepted Answer

Mutual funds pool money from multiple investors to buy a diverse portfolio of stocks, bonds, or other assets. This allows individual investors to diversify their investments without having to purchase individual stocks or bonds, which can be expensive and risky. Additionally, mutual funds often have lower fees than other investment options like managed accounts, making them a cost-effective choice for many investors.

Mutual Funds Give Individual Investors a Low-Cost Way to Diversify