Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

What types of securities would a mutual fund called Westgo Fixed Income Fund be likely to hold in its portfolio

Sagot :

The Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.

What is a mutual fund?

A kind of financial vehicle in which assets from shareholders are pooled to invest in different securities like bonds, stocks, and many more. It is maintained or held by individuals or small investors.

For a smart investment, a fund holder has a manager, who is named as an investment adviser. This adviser works for the mutual fund shareholder. It is the adviser's responsibility to monitor market trends and advise the investor or holder on where and how much to invest.

Therefore, Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.

Learn more about mutual funds from here:

https://brainly.com/question/14291192

#SPJ1