A Baby Boomer Retirement Quiz You Can’t Afford To Fail

Which Statement Is True About A Mutual Fund

Retirement Planning and Mutual Funds
Retry Correct Incorrect Mutual funds are made up of pools of funds that are created with help from many investors.
Jeffrey Greenberg / Universal Images Group via Getty Images
Jeffrey Greenberg / Universal Images Group via Getty Images

Which Statement Is True About A Mutual Fund

  • A mutual fund is made up of a pool of funds that is collected from many investors
  • Mutual funds are limited to only 20 different financial securities per portfolio
  • Mutual funds are only available through plans set up by your employer
  • A mutual fund does not include any fees. The mutual fund holder only earns money if you earn money.
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