The prospectus for a fund states that the minimum initial investment is $500,000. This is most likely what type of fund?
A) Balanced.
B) Small-cap growth.
C) Specialized.
D) Hedge.
Answer: D) Hedge.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) Balanced.
B) Small-cap growth.
C) Specialized.
D) Hedge.
Answer: D) Hedge.