Info
Warning
Danger
/ Homework Answers / Finance / Why mutual funds and exchange-traded funds called intermediaries? Why does

Question

Why are mutual funds and exchange-traded funds called intermediaries? Why does it make sense for an individual to invest her savings in a mutual fund of ETF rather than directly in individual stocks and bonds?

Solution
5 (1 Ratings )

Solved
Finance 3 Weeks Ago 4 Views
This Question has Been Answered!
Premium Content -

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Better Grades!

Ask an Expert

Our Experts can answer your tough homework and study questions
217143 Finance Questions Answered!
Post a Question