Question: 1. Explain to Todd the key reasons for purchasing mutual fund or ETF shares. 2. What special fund features might help Todd achieve his investment

1. Explain to Todd the key reasons for purchasing mutual fund or ETF shares.
2. What special fund features might help Todd achieve his investment objectives?
3. What types of mutual funds or ETFs would you recommend to Todd?
4. What recommendations would you make regarding Todd’s dilemma about whether to go into stocks, mutual funds, or ETFs? Explain.
5. Explain to Todd the rationale for choosing ETFs over mutual funds.

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1 The key reasons for purchasing mutual fund shares are diversification professional management returns and services Diversification is achieved because each mutual fund share represents an indirect i... View full answer

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