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1 year ago

What types of securities would a mutual fund called Westgo Fixed Income Fund be likely to hold in its portfolio

1 answer:

5 0

The Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.

<h3>What is a mutual fund?</h3>

A kind of financial vehicle in which assets from shareholders are pooled to invest in different securities like bonds, stocks, and many more. It is maintained or held by individuals or small investors.

For a smart investment, a fund holder has a manager, who is named as an investment adviser. This adviser works for the mutual fund shareholder. It is the adviser's responsibility to monitor market trends and advise the investor or holder on where and how much to invest.

Therefore, Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.

Learn more about mutual funds from here:

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