Typical services offered by mutual funds include:
I. Automatic reinvestment plans.
II. Automatic investment plans.
III. Automatic fund conversion as investment goals change.
IV. Automatic withdrawal plans

Question

Quizplus · Accepted Answer

Mutual funds typically offer automatic reinvestment plans where the earnings are reinvested automatically in the fund, automatic investment plans for regular purchases of fund shares, and automatic withdrawal plans for regular redemption of fund shares. Mutual funds may also offer automatic fund conversion as investment goals change, allowing investors to switch between funds without incurring significant tax penalties. Therefore, options I, II, and IV are correct.

Typical Services Offered by Mutual Funds Include