Scenario: You are 30 years old and single. You have a moderate risk investment philosophy. You are interested in long-term investing, but you do not have sufficient funds to buy a variety of investments to be fully diversified and you do not feel you have the expertise to make good choices. Read the statements and indicate whether each statement is true or false. Statement A managed mutual fund usually assesses a higher management fee than an unmanaged fund False True 0 Many investors elect to invest in mutual funds because of the difficulty in constructing a fully diversified portfolio using self- selected individual stocks and bonds.. 0 Holders of mutual funds have voting rights in the mutual funds as well as the individual companies in which the mutual fund is 0 invested. An important advantage of an open-end mutual fund is the liquidity provided by the investment company Given your moderate risk investment philosophy, you would be best served by investing in a mutual fund with: both a growth and an income objective e growth objective. an income objective Ran the flowing three types of funde om wet to highest levels of risk and return se ato dhe indicate the highest Type of mutual fund Risk level