Asked by
Olivia Campbell
on Oct 20, 2024Verified
A fund that invests in securities worldwide, including the United States, is called ________.
A) an international fund
B) an emerging market fund
C) a global fund
D) a regional fund
Global Fund
An investment fund that diversifies its portfolio by investing in securities from markets around the world.
Securities
Tradable financial instruments that represent ownership or creditor relationships, such as stocks, bonds, and options.
- Appreciate the distinctions and foundational concepts associated with different classes of mutual funds.
- Recognize the role of mutual funds in diversification and risk management through asset allocation and specialized-sector funds.
Verified Answer
HG
Learning Objectives
- Appreciate the distinctions and foundational concepts associated with different classes of mutual funds.
- Recognize the role of mutual funds in diversification and risk management through asset allocation and specialized-sector funds.
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