The benefits of investing in mutual funds can be stated as follows:

a. diversification

b. relatively low cost of reallocating the assets in your investment portfolio.

c. professional management

d. all of the above

Also,

Every year, the mutual fund investor must pay taxes on all of the following except:

a. All of these are annual tax obligations of the mutual fund investor.

b. dividend distributions.

c. capital gains distributions.

d. appreciation in the price of the unsold (closed end) mutual fund company shares.

Thank you!