question 6 of 10 what is one benefit of investing in a mutual fund? a. mutual funds are private and open…

question 6 of 10 what is one benefit of investing in a mutual fund? a. mutual funds are private and open only to accredited investors. b. mutual funds simplify portfolio management. c. mutual funds provide higher returns than stocks without the risk. d. mutual funds mature much faster than most bonds.

question 6 of 10 what is one benefit of investing in a mutual fund? a. mutual funds are private and open only to accredited investors. b. mutual funds simplify portfolio management. c. mutual funds provide higher returns than stocks without the risk. d. mutual funds mature much faster than most bonds.

Answer

Brief Explanations:

Mutual funds pool money from multiple investors and are managed by professionals. They offer diversification and handle portfolio - related tasks, thus simplifying portfolio management. Option A is incorrect as mutual funds are not private and open - to - the - public. Option C is wrong because mutual funds don't always provide higher returns than stocks and they carry risks. Option D is incorrect since mutual funds don't have a maturity date like bonds.

Answer:

B. Mutual funds simplify portfolio management.