Review Questions

For example, Vanguard’s STAR fund invests in nine different Vanguard funds. In general, 60 to 70 percent of investments are held in stock funds, 20 to 30 percent in bond funds, and 10 to 20 percent in money market mutual funds. The advantages of investing in a fund of funds to Henry is that he achieves much greater diversification than if he ... ................
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