Asked by
Marreo Parks
on Oct 20, 2024
Verified
As of 2017, approximately ________ of mutual fund assets were invested in equity funds.
A) 5%
B) 52%
C) 30%
D) 12%
Equity Funds
Mutual funds or other types of investment funds that invest primarily in stocks, seeking to provide returns through equity ownership.
Mutual Fund Assets
The total market value of all the financial assets being managed by a mutual fund.
- Understand the dispersal of assets in mutual funds across diversified categories, including bond funds, equity funds, and money market funds.
Verified Answer
KK
Learning Objectives
- Understand the dispersal of assets in mutual funds across diversified categories, including bond funds, equity funds, and money market funds.