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Which of the following investment is made up of a pool of funds collected from many investors for the purpose of investing in stocks, bonds and similar assets?*Bank DepositsBondsCurrenciesMutual FundsStocks (Equity)Real EstateInsurance

Question

Which of the following investment is made up of a pool of funds collected from many investors for the purpose of investing in stocks, bonds and similar assets?*Bank DepositsBondsCurrenciesMutual FundsStocks (Equity)Real EstateInsurance

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Solution

The investment that is made up of a pool of funds collected from many investors for the purpose of investing in stocks, bonds, and similar assets is Mutual Funds.

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