Final answer:
It is true that there are subscription services that provide detailed information on mutual funds. Mutual funds are professionally managed investment options with high liquidity, and as of 2021, nearly half of U.S. households hold investments in them.
Step-by-step explanation:
A number of subscription services do provide detailed information on mutual funds, which is a true statement. Mutual funds are investment vehicles that offer many advantages, such as professional management and the ease of converting assets to cash, known as liquidity.
They can be focused on specific sectors or broadly diversified, with some such as index funds designed to mimic the performance of the market. The popularity of mutual funds has grown, with over 47% of U.S. households invested in them in 2021, underscoring the role of mutual funds in personal finance and retirement planning.
It is true that there are subscription services that provide detailed information on mutual funds. Mutual funds are professionally managed investment options with high liquidity, and as of 2021, nearly half of U.S. households hold investments in them.