which of the following is true about mutual funds?\ninvestors do not have to pay taxes on gains from mutual…

which of the following is true about mutual funds?\ninvestors do not have to pay taxes on gains from mutual funds.\ninvestors must keep mutual funds for more than three years.\nmutual funds are typically not as safe as certificates of deposit (cd).\nretirement accounts do not include mutual funds.
Answer
Brief Explanations:
Mutual funds are investment vehicles with market - related risks. Certificates of deposit (CDs) are time - deposits with banks, insured by the FDIC in the US up to a certain amount, making them relatively safer. Investors usually have to pay taxes on mutual fund gains, there's no fixed three - year holding requirement for all mutual funds, and mutual funds are often included in retirement accounts.
Answer:
Mutual funds are typically not as safe as certificates of deposit (CD).