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REY [17]
2 years ago
13

Mutual funds are used extensively as retirement investments. a. true b. false

Business
1 answer:
Blababa [14]2 years ago
6 0

Mutual funds are used substantially as retirement investments. b. false

A mutual fund is a professionally managed investment fund that pools money from many buyers to buy securities. The time period is commonly used in the united states of America, Canada, and India, while similar systems throughout the globe encompass the SICAV in Europe and open-ended investment organizations inside the UK. A mutual fund is an investment vehicle together with a portfolio of shares, bonds, or other securities, overseen by an expert money supervisor.

Mutual funds range paintings by way of pooling money together from many traders. that cash then gets used to purchase shares, bonds, and different securities. due to the fact mutual funds invest in a group of organizations, they offer immediate diversification (consequently lower chance) to buyers.

Learn more about mutual fund here: brainly.com/question/4521829

#SPJ4

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