An intermediary that pools and manages funds for many investors is called an investment company.
<h3>
What is an investment company?</h3>
- A corporation or trust that invests pooled cash in financial securities is known as an investment company.
- Financial firms can be privately or publicly owned, and they manage, sell, and market investment products to the general public.
- BlackRock Funds (iShares), Vanguard, and Charles Schwab are three of the world's largest investment management firms.
- Each of these institutions offers hundreds of mutual funds, exchange-traded funds, and other vehicles covering many asset classes to retail consumers.
Therefore, an intermediary that pools and manages funds for many investors is called an investment company.
Know more about an investment company here:
brainly.com/question/25790997
#SPJ4
These events <span>could have the
cumulative impact of a major life event.
Cumulative effect refers to an effect which causes another action whether past or present to change another action's affect, like in the given situation all of the events are causing an effecting each other.</span>
Ferdinand and Miranda receive Prospero's blessing, with the only condition that Ferdinand take care not to undo Miranda's before the wedding has been legally consummated.
Ferdinand, a gentle bull, escapes from Casa del Toro when his father does not come back from the bullfight. But something unexpected happens, and he is returned to the location from where he fled.
The Story of Ferdinand has its roots in the genuine story of a real bull in the Spanish countryside, just like Winnie-the-Pooh, a book that was released a decade earlier and was inspired by a real-life rescue baby bear that its author had met with his son at the London Zoo.
Learn more about Ferdinand here
brainly.com/question/787315
#SPJ4
