Why is it important to determine what investment goals you are trying to achieve before you invest in a mutual fund?
A)The mutual fund company may attempt to change your goals to meet their fund offerings.
B)You must provide the mutual fund company with your defined goals before they allow you to purchase shares.
C)You must look for a mutual fund with the same or similar investment goals that you have in order to find an appropriate fund.
D)All of the above are correct.
E)Only A and B are correct.

Question

Quizplus · Accepted Answer

It is important to determine your investment goals before investing in a mutual fund so that you can find a fund that aligns with your goals and objectives. This will help ensure that you are making an informed investment decision that is appropriate for your financial situation and objectives. While A and B are not necessarily true, it is still important to identify your investment goals in order to choose an appropriate mutual fund.

Why Is It Important to Determine What Investment Goals You