A mutual fund is a diversified portfolio of stocks and/or bonds,depending on the investment objective of the fund.

Question

Quizplus · Accepted Answer

This statement is true. A mutual fund is a type of investment fund that pools money from multiple investors in order to buy a diversified mix of stocks, bonds, and other assets. The exact mix of investments depends on the investment objective of the fund, which may include goals such as growth, income, or a combination of the two. By investing in a mutual fund, investors can get exposure to a wider range of investments than they might be able to achieve on their own, and they can benefit from professional management and diversification.

A Mutual Fund Is a Diversified Portfolio of Stocks And/or