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QUESTION 20 4 points Save Answer Of the following types of mutual funds, an investor who wishes to invest in a diversified portfolio of stocks worldwide (including the U.S.) should choose O global funds. O international funds. regional funds O emerging market funds. 4 points Save Answer QUESTION 21 Which of the following advantage(s) does (do) Exchange Traded Funds have over traditional mutual funds? Trading Flexibility - ETFs are bought and sold during the day when the markets are open, but mutual fund shares are traded only once per day after the markets close. II) More flexibility in portfolio diversification and risk management - ETF shares may be able to provide an investor easy exposure to a specific desired sector, style, industry, or country categories III) Lower transaction fees. O, I, and ill only O and it only O i and ill only O II and Ill only. Oil only