Question

Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT ________.

A) private equity funds

B) hedge funds

C) venture capital funds

D) mutual funds

Answer 1

The correct answer is letter "D": mutual funds.

Step-by-step explanation:

Mutual funds are pools of securities included in one portfolio. They form part of a diversified portfolio to decrease the risk of investment. Mutual funds are accessible to small investors who are allowed to access to professionally-managed investment vehicles.

Answer 2

D) mutual funds

Step-by-step explanation:

Mutual funds are open to everyone and have very little or no minimum investment requirements so many small or non wealthy investors are a big part of the investments in mutual funds. Whereas the other 3 funds are very exclusive and have high minimum investment requirements, also they are very high risk therefore mostly wealthy individual and endowments invest there.