One advantage gained by investing in a bond fund rather than in individual bonds is the
A) diversification among issuers.
B) most bond funds outperform their benchmarks.
C) immunity from interest rate changes.
D) guarantee that the bonds will be held to maturity to avoid market fluctuations.
Correct Answer:
Verified
Q52: Which type of mutual fund consists of
Q59: An aggressive growth mutual fund is least
Q64: Socially responsible funds are distinguished from other
Q66: The primary objective of an equity-income fund
Q67: Value funds seek stocks
I.with low dividend yields.
II.with
Q68: Government securities money funds are structured to
Q71: One characteristic of bond funds is the
A)
Q72: To participate in an automatic investment plan,
Q73: A fund that is designed to match
Q80: Which of the following are advantages of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents