Which one of these investments pools the money from many investors,hires a professional money manager to manage those funds,and offers diversification to investors?
A)NOW account
B)Securities exchange
C)Certificate of deposit
D)Mutual fund
E)Stock option

Question

Quizplus · Accepted Answer

Mutual funds pool money from many investors to purchase a broad range of investments, such as stocks, bonds, and other assets. This structure provides diversification and is managed by professional money managers, aligning with the description provided.

Which One of These Investments Pools the Money from Many