asked 156k views
3 votes
Frank is an investor with a long time horizon and high risk tolerance. Which type of mutual fund would be best for his portfolio?

1 Answer

5 votes

Answer:

An equity fund

Step-by-step explanation:

Frank is an investor with a long time horizon and high-risk tolerance. An equity fund would be best for his portfolio. An equity fund implies a mutual fund that finances particularly into stocks. It can remain actively either calmly (index capital) directed. Equity funds signified further as stock reserves. Stock mutual funds means essentially classified according to organization size, the plunge method of the holdings within the portfolio as well as topography.

answered
User MelkorNemesis
by
8.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.