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Investing in Mutual Funds. What should investors consider when deciding whether to purchase shares of a mutual fund? What characteristics of a mutual fund should

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Investing in Mutual Funds. What should investors consider when deciding whether to purchase shares of a mutual fund? What characteristics of a mutual fund should be considered? Briefly discuss each characteristic. Before an investor makes a decision about purchasing a mutual fund, she should: (Select the best answer below.) A. determine her investment objectives, evaluate her risk tolerance, and decide on the characteristics of a fund that are important. B. determine her investment objectives, evaluate her risk tolerance, then consult a broker. C. consult a broker. D. decide on the characteristics of a fund that are important and consult a broker. The relevant characteristic(s) of a mutual fund that should be considered before purchasing is: (Select the best answer below.) A. the investment objective of fund. B. the minimum investment. C. the investment company. D. All of the above

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