ben is interested in diversifying his portfolio. he wants to be able to easily manage many investment types…

ben is interested in diversifying his portfolio. he wants to be able to easily manage many investment types at once, but does not want to pay high fees. which investment type is best for ben? select a response. individual stocks and bonds multiple cash equivalents exchange traded fund(etf) mutual fund

ben is interested in diversifying his portfolio. he wants to be able to easily manage many investment types at once, but does not want to pay high fees. which investment type is best for ben? select a response. individual stocks and bonds multiple cash equivalents exchange traded fund(etf) mutual fund

Answer

Brief Explanations:

ETFs allow for diversification across many investment - types as they track an index. They are also known for having lower fees compared to some other investment options like mutual funds. Managing individual stocks and bonds can be complex and time - consuming, and multiple cash equivalents may not offer the desired diversification.

Answer:

C. Exchange Traded Fund (ETF)