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Miguel is looking to own a small piece of several companies as an investment. He wants to take some of his extra cash and purchase shares of some technology companies. Which type of financial business will MOST LIKELY meet his needs?

User Ibid
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2 Answers

4 votes

Answer: mutual fund company

Miguel is looking to own a small piece of several companies as an investment. He wants-example-1
User Natejms
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5 votes

Answer: C. Mutual fund company

Step-by-step explanation:

Mutual Funds provide a way for small time investors to be able to invest in multiple companies and securities because they pool funds from all these small investors and buy shares, bonds, and other assets.

Miguel would simply have to buy shares in the Mutual fund company and then he would be entitled in an ownership stake in these assets invested in by the Mutual fund company in the proportion of his investment in the mutal fund company.

User Arjang
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