It is claimed that a secondary advantage of mutual funds is that
A)an investor can avoid investment charges and fees.
B)they give ordinary people access to loanable funds for investing.
C)they usually outperform stock market indexes.
D)they give ordinary people access to the skills of professional money managers.

Question

Quizplus · Accepted Answer

Mutual funds offer the advantage of professional money management, where fund managers make investment decisions on behalf of investors, leveraging their expertise and access to information. This is particularly beneficial for ordinary investors who may not have the time, resources, or knowledge to manage their investments directly.

It Is Claimed That a Secondary Advantage of Mutual Funds