Question

Which of these is a mutual fund? (1 point) Responses a fund used to pay shared bills and expenses a fund used to pay shared bills and expenses a fund used by the government to gather taxed money a fund used by the government to gather taxed money a fund that you share with your family to save in the bank a fund that you share with your family to save in the bank a fund that pools money from many investors to buy securities

Answer 1

The correct response is: **a fund that pools money from many investors to buy securities.** This describes a mutual fund, where individual investors' money is combined to invest in a diversified portfolio of stocks, bonds, or other securities.