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kow [346]
4 years ago
5

Alex is a working professional and has managed to save a small amount of money from his earnings. He wants to invest in somethin

g that is customized to his risk appetite. Which financial institution should he choose?
A.hedge funds
B.mutual funds
C.life insurance companies
D.credit unions
Epension funds
Social Studies
2 answers:
Dima020 [189]4 years ago
5 0

I honestly got B. Mutual Funds

marusya05 [52]4 years ago
5 0

The correct option is B.

Mutual Fund is the sum of contributions in money delivered by natural and legal persons to a corporation or administrator, so that it invests in different types of financial instruments that are public offering values or even goods, with the aim of achieving a profit, which is then shared among all who made a contribution.

Unlike savings, the amounts invested in mutual funds d<em>o </em><u><em>not have a guaranteed profit, since mutual funds run the risk that the investments made do not deliver the expected return</em></u>. Therefore, the profit may be less than expected or you may even lose part or all of the money invested.

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