one of the financial institutions that was discussed
were the mutual funds.outline why you would choose...
90.2K
Verified Solution
Link Copied!
Question
Finance
one of the financial institutions that was discussedwere the mutual funds.outline why you would choose to invest in amutual fund and which asset class you would select. As a fundmanager and investor, provide possible ways that you can makeabnormal profits.
Answer & Explanation
Solved by verified expert
3.9 Ratings (651 Votes)
I would choose to invest in mutual funds because of the following reasons Offers diversification A mutual fund invests across multiple securities and thus achieve diversification Lower cost Offers many benefits and convenience in lieu of small fund
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!