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It is claimed that a secondary advantage of mutual funds is that a. they give ordinary people access to the skills of professional money managers. b. an investor can avoid investment charges and fees. c. they give ordinary people access to loanable funds for investing. d. they usually outperform stock market indexes.

Sagot :

A secondary advantage of mutual funds is that they give ordinary people access to the skills of professional money managers.

What is a mutual funds?

A mutual fund is when a group of investors pool money together to buy financial assets such as stocks, bonds and derivatives which are managed by a manager.

Mutual funds allows those with small assets under management to be able to access the services of a professional money manger as a professional manager might only be accessible to those with high assets under management.

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