Asked by

Saloni doshi
on Oct 20, 2024

verifed

Verified

________ are partnerships of investors with portfolios that are larger than most individual investors but are still too small to warrant managing on a separate basis.

A) Commingled funds
B) Closed-end funds
C) REITs
D) Mutual funds

Commingled Funds

Investment funds that pool assets from multiple investors, allowing for diversified investments managed by a professional manager.

Individual Investors

Private investors who buy and sell securities for their personal account, and not for another company or organization.

Separate Basis

In tax accounting, the calculation of gain or loss on each asset individually rather than on a combined basis.

  • Understand the definition, purpose, and types of commingled funds, mutual funds, and REITs.
verifed

Verified Answer

VD
vinod dusejaOct 21, 2024
Final Answer:
Get Full Answer