Which of the following statements is false for mutual funds?

Retail investors can't invest in Mutual Funds.

Mutual Fund investors can redeem their shares on demand.

Mutual Funds disclose portfolio composition publicly quarterly.

Only limited implementation of risky trading strategies $($such as short$-$selling and margin trading$)$ are allowed for Mutual Funds.

Question $2$

Which of the following statements is not a benefit of investing into an investment company?

Diversification

Low transactional costs

Professional Management

Market timing