Which One of the Following Is False

Multiple Choice

Which one of the following is false?

A) Mutual funds include investments in stocks and bonds.
B) Diversification provided by a mutual fund reduces risk.
C) The goals of one mutual fund investor may differ from those of another.
D) Since mutual fund managers are professionals, there is no need for the investor to evaluate a mutual fund.
E) Mutual fund investments range from very conservative to extremely speculative investments.