Q55
A group of mutual funds with a common management are known as______________.
A.
fund syndicates
B.
fund conglomerates
C.
fund families
AnswerD.
fund complexes
Answer: Option C
Solution
Answer: Option C
Solution:
A group of mutual funds with a common management are known as fund families. A mutual fund family is a group of mutual funds that share the same mutual fund sponsor.