Which of the following statement about mutual funds is true?
A. all mutual funds are the same.
B. the mutual funds allowed the investor to spread the risk among the several stocks and bonds.
C. load fund does not charge a sales commission but invests in lower-quality stocks.
D. many mutual funds do not charge management fees
Answer:B
Which of the following statement about mutual funds is true?
A. all mutual funds are the same. B. the mutual funds allowed the investor to spread the risk among the several stocks and bonds. C. load fund does not charge a sales commission but invests in lower-quality stocks. D. many mutual funds do not charge management fees