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An investor is close to retirement and wants a short-term, low-risk investment with low liquidity. which investment meets these requirements? cd ira mutual fund stocks

Sagot :

Mutual fund investment meets these requirements.

What is Mutual fund?

A mutual fund is an investment vehicle that is professionally managed and pools money from many individuals to purchase securities. The name is commonly used in the United States, Canada, and India, whereas similar structures in other parts of the world include the SICAV in Europe and the open-ended investment company in the United Kingdom.

Investing in Mutual Funds

High expense ratios and sales charges, managerial abuses, tax inefficiencies, and poor trade execution are all disadvantages.

Mutual Fund returns, like those of other asset types, are computed by calculating the increase in the value of your investment over time in comparison to the initial investment. Mutual Fund Net Asset Value represents its price and is used to calculate returns on your Mutual Fund investments.

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