Which one of the following is false?
A) Most mutual funds invest in stocks, bonds, and other securities.
B) Diversification provided by a mutual fund reduces risk.
C) The goals of one mutual fund investor may differ from those of another.
D) Since mutual fund managers are professionals, there is no need to evaluate a mutual fund.
E) Mutual fund investments range from very conservative to very speculative investments.

Question

Quizplus · Accepted Answer

It is important to evaluate a mutual fund before investing, even if the fund is managed by professionals. The performance and fees of the fund can still vary significantly and impact your returns.

Which One of the Following Is False