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Business, 31.10.2019 03:31 davi113001
Kenji and lucia are building their portfolios. kenji purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio. he does so because he believes that the manager can identify inexpensive stocks that will rise in value. lucia is not convinced. she buys shares in an index fund—a type of mutual fund that simply buys all of the stocks in a given stock index rather than actively managing a portfolio.
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Kenji and lucia are building their portfolios. kenji purchases shares in a mutual fund and pays fees...
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