Paid services that automatically rebalance employees' retirement assets are called a/an
A)auto-rebalance tool.
B)balanced mutual fund.
C)Monte Carlo account.
D)buy-and-sell mutual fund.

Question

Quizplus · Accepted Answer

The paid services that automatically rebalance employees' retirement assets are commonly known as auto-rebalance tools, which periodically adjust the allocation of an individual's investments to maintain a desired level of risk and return. Balanced mutual funds, Monte Carlo accounts, and buy-and-sell mutual funds are not directly related to automatic rebalancing services.

Paid Services That Automatically Rebalance Employees' Retirement Assets Are Called