Question

Roberta cartwright puts money each month into a mutual fund that has very few? controls; in? that, the managers can invest in whatever they want because this type of fund is not regulated by the sec. roberta has? a(n) ________ fund.

Answer 1

The answer to this question is a no-load fund.

No-load fund is a type of mutual fund where in the shares are being sold to buyers without sales charges or commissions. This type of mutual fund will give benefit to the investor. Another benefit of investing in a no-load mutual fund is that 100% of the money invested will go to the mutual fund. If you will be investing on a short term only this type of investment is OK.