Ask Question
1 February, 05:46

In a mutual fund, investors share equally in profits, losses, and management decisions.

True or False?

+1
Answers (1)
  1. 1 February, 07:04
    0
    Answer: True

    Explanation: A mutual fund is a collective pool of funds provided by a group of individuals to money managers for investment in various securities such as stocks and bonds.

    Due to it's collective nature, every shareholder or investor benefits and loses in equal portion - and the expenses of the mutual fund are shared in the expense ratio.

    Because the funds are invested into stocks, bonds and other securities, they usually have a lower risk than individual stocks or bonds.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In a mutual fund, investors share equally in profits, losses, and management decisions. True or False? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers