Which advantage(s)do mutual funds claim to provide?
A)diversification and access to the skills of professional money managers
B)diversification but not access to the skills of professional money managers
C)access to the skills of professional money managers but not diversification
D)neither diversification nor access to the skills of professional money managers.

Question

Quizplus · Accepted Answer

Mutual funds claim to provide diversification by investing in a variety of assets, which reduces risk. Additionally, mutual funds are managed by professional money managers who have expertise in selecting investments and managing portfolios. This allows investors to benefit from their skills and experience.

Which Advantage(s)do Mutual Funds Claim to Provide