Question

A fund seeks maximum capital appreciation by investing in common stocks of companies located outside the United States. The management selects well-established companies that are listed on their national stock exchanges and that have demonstrated high earnings potential. This information describes which mutual funds?

Answer 1

ATF Overseas opportunity fund fund

Step-by-step explanation:

A mutual fund can be described as a from of investment where investors come together to contribute resources towards investment that are managed by experienced professionals to minimize the risks and maximize returns.

There are different types of mutual fund guided by different rules .

The description given in the question best suit the ATF overseas opportunity fund. Even though it is closely related to the ATF capital appreciation fund , but while the ATF capital appreciation fund invests in small and medium sized company, The ATF overseas opportunity fund invest in an already established listed companies that have already demonstrated high earning potential.