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What is a benefit of investing in mutual funds?
A.  Investors earn interest because it is a lending investment.
B.  Investors are guaranteed a minimal amount of return.
C.  Investors have access to a fund manager's expertise.
D.  Investors' fees are waived because it is an ownership investment.
in Financial Literacy by Gold Status (10.9k points) | 12 views

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C Investors have access to a fund manager's expertise.

A mutual fund is a type of ownership investment that involves collecting money from many people and then investing it in an  assortment of different securities such as stocks or bonds. The benefit to shareholders of placing money in mutual funds is that a well-trained fund manager has the expertise to make smart investment decisions on their behalf. Shareholders are not guaranteed a minimal amount of return on their mutual-fund investments, but because the funds are spread out among different securities, the risk of a total financial loss is reduced. Disadvantages to investing in mutual funds are that shareholders pay fees for someone to manage their investments, and the mutual-fund earnings are taxable.
by Gold Status (10.9k points)

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