Investment VehiclesQuestion 87 of 100
An investor seeking exposure to a diversified basket of bonds with professional management and daily liquidity would MOST likely choose:
a.A single corporate bond
b.A private equity fund
c.A collectible
d.A bond mutual fund or bond ETF
Explanation
A bond mutual fund or bond ETF offers a diversified, professionally managed portfolio of fixed-income securities with ready liquidity. A single bond lacks diversification, and private equity and collectibles are illiquid and unrelated. Pooled vehicles suit investors wanting broad bond exposure.
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