Which one of the following is a true statement regarding mutual funds?
A)Professional management is an especially important factor for investors purchasing a mutual fund.
B)The only reason investors purchase mutual funds is the high growth expected.
C)While mutual funds may experience loss,your original investment is guaranteed.
D)Mutual funds are all designed to appeal only to conservative investors.
E)The responsibility for choosing the right mutual fund is based on the professional manager's evaluation.

Question

Quizplus · Accepted Answer

Professional management is a key reason investors choose mutual funds, as it allows them to benefit from the expertise of financial experts who make investment decisions on their behalf.

Which One of the Following Is a True Statement Regarding