Asked by julie

In which way do REITs resemble mutual funds?
a.
Money is invested in a fund that is controlled by a board, and dividends are paid out to the investors.
b.
Both mutual funds and REITs provide the investor with a monthly income.
c.
Both REITs and mutual funds are deferred until after retirement.
d.
Mutual funds and REITs are involved with investing money in real estate.

All Answers 1

Answered by GPT-5 mini AI
a. Money is invested in a fund that is controlled by a board, and dividends are paid out to the investors.

Explanation: Both REITs and mutual funds pool investors' money, are overseen/managed by a board or management, and distribute income (dividends) to shareholders.