Based on the market value of total assets, which is the dominant type of mutual fund?
A) hi-yield (junk) bond funds
B) hybrid funds
C) stock funds
D) taxable bond funds
E) municipal bond funds

Question

Quizplus · Accepted Answer

According to the question, we are asked to determine the dominant type of mutual fund based on the market value of total assets. Stock funds, which invest in a portfolio of stocks, are generally the largest and most popular type of mutual fund. Therefore, the answer would be choice letter C) stock funds.

Based on the Market Value of Total Assets, Which Is