What are some of the similarities and differences among mutual funds, pension funds, and hedge funds?

(Select all the choices that apply.)

A.

Mutual funds, pension funds and hedge funds are all financial institutions involved with helping savers and investors reach their financial goals.

B.

Unlike mutual funds and pension funds which serve investors of all means, hedge funds are primarily designed for wealthy investors and endowments.

C.

Pension funds, which are similar to mutual funds in that they buy stocks, bonds and other financial instruments on behalf of its investors, is primarily concerned with providing retirement income. Mutual funds allow investments to be accumulated and withdrawn for a variety of financial goals.

D.

Hedge funds are highly regulated funds which are restricted from investing in many risky categories of investments.