HUU UU ULULUMLUHU HUILE werel DdUr Sloten is true or false. Statement Mutual funds don't distribute dividends; rather, they generate income by creating capital gains. A fund's exchange privilege allows a fund investor to exchange shares between different funds within the same family of funds. An important advantage of investing in a mutual fund is the convenience and ease of selecting a fund that matches your investment objectives. If you name a beneficiary, your mutual fund investment can be transferred to an heir without going through probate. Given your moderate risk investment philosophy, you would be best served by investing in a mutual fund with: an income objective. Given your moderate risk investment philosophy, you would be best served by investing in a mutual fund with: an income objective. a growth objective. both a growth and an income objective