Multiple Choice
Goodwin Ross MidCap Growth is a fund that lets its investors buy ownership in a market basket that contains different securities. The fund's market basket has a composition that is similar to the composition of the Dow Jones Industrial Average stock index. In this scenario, Goodwin Ross MidCap Growth is a(n) _____.
A) offshore fund
B) open-end mutual fund
C) hedge fund
D) exchange-traded fund
Correct Answer:
Verified
Correct Answer:
Verified
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