Which One of the Following Would Best Describe a Mutual

Multiple Choice

Which one of the following would best describe a mutual fund?

A) an investment that is available at many banks and is FDIC insured
B) a company that manages a portfolio that is purchased by pooling the money of its investors
C) a debt contract that is issued by a company and offers interest payment on the loan
D) ownership of shares in a corporation with no guarantee the company will be profitable