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Real estate mutual funds and mortgage real estate investment trusts (REITs) differ in that A. mutual funds are diversified investments and mortgage REITs are not.

Real estate mutual funds and mortgage real estate investment trusts (REITs) differ in that

A. mutual funds are diversified investments and mortgage REITs are not.

B. mutual funds do not use much leverage as compared to mortgage REITs.

C. mutual funds invest in mortgaged-backed securities and mortgage REITs only invest directly in mortgages.

D. all of the above describe how mutual funds and mortgage REITs differ.

E. none of the above statements are true.

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