Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT ________.

Question

Quizplus · Accepted Answer

Wealthy individuals and endowments are not a major source of money for mutual funds, which primarily rely on individual investors. Private equity, hedge funds, and venture capital funds often require large initial investments and therefore attract money from wealthy individuals and institutions.

Investments by Wealthy Individuals and Endowments Is a Major Source