Question: Which statements describe mutual funds? Multiple select question. They are private partnerships and subject to minimal regulation relative to other investment vehicles. They are typically

Which statements describe mutual funds?
Multiple select question.
They are private partnerships and subject to minimal regulation relative to other investment vehicles.
They are typically open only to wealthy or institutional investors.
It is the dominant investment company form today, accounting for 80% of investment company assets.
"Mutual fund" is the common name for a open-end investment company.

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