IFSE Institute Canadian Investment Funds Course Exam CIFC Question # 56 Topic 6 Discussion

IFSE Institute Canadian Investment Funds Course Exam CIFC Question # 56 Topic 6 Discussion

CIFC Exam Topic 6 Question 56 Discussion:
Question #: 56
Topic #: 6

Jasmine received an inheritance from her grandmother of $10,000. She wants to invest her money wisely. She has seen in the news that a particular energy company is doing very well and has good prospects. She has also seen how volatile its share price has been in the last year. She knows the risks of the resource sector and wants to invest but is not comfortable with so much volatility. Which of the following mutual fund benefits would address her concern?


A.

convenience


B.

low cost


C.

diversification


D.

liquidity


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