True/False
Because a mutual fund is already diversified with perhaps 100 or more different investments, further diversification is not recommended or necessary.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: Which of the following is not a
Q13: A mutual fund is a diversified portfolio
Q14: The possibility that interest rates may rise
Q15: A stock mutual fund's prospectus typically states
Q16: Socially responsible mutual funds are those whose
Q18: Hedge funds, which are not regulated by
Q19: ETFs can represent the broad market or
Q20: A stock mutual fund that pays higher
Q21: Which of the following bond mutual funds
Q22: The net asset value (NAV) per share