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For this question (Q1a, Q1b, Qic), you are assuming the role of a Financial Advisor. A new client, with no investment experience, enters your office

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For this question (Q1a, Q1b, Qic), you are assuming the role of a Financial Advisor. A new client, with no investment experience, enters your office and is interested in investment options. You recommend that they consider mutual funds, to which your client asks you three questions (below). Answer all three questions in a manner that would be appropriate for a client-facing experience. Q2c. What are the main weaknesses of mutual funds

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