Short Answer
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The primary reason for investing in mutual funds is [professional management | diversification].
Correct Answer:

Verified
Correct Answer:
Verified
Q84: The expected cash flows of a real
Q85: Investors select and purchase securities held within
Q86: The most important advantage of a mutual
Q87: Load fees charged on mutual funds help
Q88: Closed-end mutual funds can trade at either
Q90: Mutual fund conversion privileges can often be
Q91: Choose the word or phrase in [
Q92: Asset allocation funds concentrate on one type
Q93: Closed-end mutual funds companies buy their shares
Q94: Asset allocation funds invest money in<br>A)stocks.<br>B)bonds.<br>C)real estate.<br>D)a