During the last four decades, mutual funds have become increasingly popular in t

Question

During the last four decades, mutual funds have become increasingly popular in the United States because:

During the last four decades, mutual funds have become increasingly popular in the United States because: owning shares in a mutual fund amounts to owning a little bit of many different financial assets, which helps to achieve diversification. mutual funds are so complicated, it is beyond the scope of an average person to diversify through mutual funds. it is usually more costly and time-consuming to buy shares in a mutual fund than to buy many different stocks and bonds directly. a mutual fund allows individual investors to buy shares of stocks and bonds directly.

Explanation / Answer

4 Surely option A

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