(Table: Mutual Funds) Refer to the table. Which mutual fundwould be best for a retirement savings plan?

A)Mutual Fund A
B)Mutual Fund B
C)Mutual Fund C
D)Mutual Fund D

Question

(Table: Mutual Funds) Refer to the table. Which mutual fundwould be best for a retirement savings plan?

A)Mutual Fund A 
B)Mutual Fund B 
C)Mutual Fund C 
D)Mutual Fund D

Quizplus · Accepted Answer

Mutual Funds A and B have high expense ratios, meaning a large portion of the returns will be eaten up by fees. Mutual Fund D has a higher risk factor, which may not be suitable for retirement savings. Mutual Fund C has the lowest expense ratio and a reasonable risk factor, making it the best choice for a retirement savings plan.

(Table: Mutual Funds) Refer to the Table