Which of the following is a drawback of mutual funds? Question 3Select one: a. Withdrawing funds from a mutual fund is extremely difficult. b. The professional management touted by many funds does not come cheap. c. Most investors do not find a fund that is a good match based on their investment goals. d. There is no scope for financial diversification.

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter15: Mutual And Exchange Traded Funds
Section15.3: Mutual Fund Investing Fees And Charges
Problem 2CC
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Which of the following is a drawback of mutual funds?

Question 3Select one:

a.
Withdrawing funds from a mutual fund is extremely difficult.
b.
The professional management touted by many funds does not come cheap.
c.
Most investors do not find a fund that is a good match based on their investment goals.
d.
There is no scope for financial diversification.
 
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