Question

If you wanted to pruchase ownership interests in diversified portfolisos of investments which type of finacncial prodcut provider should you contact a mutual fund?

Answer 1

If you wanted to purchase ownership interests in diversified portfolios of investments which type of financial product provider should you contact a mutual fund.

In order to invest in securities such as stocks, bonds, money market instruments, and other assets, mutual funds aggregate the funds from shareholders. Professional money managers run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors. The portfolio of a mutual fund is set up and kept up to date in accordance with the specified investment goals in the prospectus. Small or individual investors have access to professionally managed portfolios of stocks, bonds, and other securities through mutual funds. As a result, each shareholder shares proportionately in the fund's profits or losses.

Learn more about mutual funds here:

brainly.com/question/9965923

#SPJ4