If Betty has inherited significant wealth but has very limited investment knowledge,which of the following funds would be least appropriate for her?

Question

Quizplus · Accepted Answer

Hedge funds are typically high-risk investments that require a significant amount of investment knowledge and experience. As Betty has limited investment knowledge, investing in hedge funds would be a high-risk and potentially unsuccessful investment decision. The other three options (segregated funds, dividend funds, and balanced funds) may be more appropriate for someone with limited investment knowledge, as they offer varying levels of diversification and potentially lower risk.

If Betty Has Inherited Significant Wealth but Has Very Limited