One drawback of investing in mutual funds is the A) lack of information on the...

80.2K

Verified Solution

Question

Accounting

One drawback of investing in mutual funds is the

A) lack of information on the performance of the fund.

B) annual management fee.

C) amount required for the initial investment.

D) lack of liquidity of fund shares.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students