one of the financial institutions that was discussed were the mutual funds.outline why you would choose...

90.2K

Verified Solution

Question

Finance

one of the financial institutions that was discussedwere the mutual funds.outline why you would choose to invest in amutual fund and which asset class you would select. As a fundmanager and investor, provide possible ways that you can makeabnormal profits.

Answer & Explanation Solved by verified expert
3.9 Ratings (651 Votes)
I would choose to invest in mutual funds because of the following reasons Offers diversification A mutual fund invests across multiple securities and thus achieve diversification Lower cost Offers many benefits and convenience in lieu of small fund    See Answer
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