A mutual fund is the gathering together of:

Question

a. Small savers.
b. Households who want insurance.
c. Governments who need to issue bonds.
d. Firms who want to control prices.

Answer 1

The correct answer is: a. Small savers.

A mutual fund pools money from small investors (savers) to invest in a diversified portfolio of stocks, bonds, or other securities, allowing them to benefit from professional management and diversification that they might not achieve on their own.