Which type of mutual fund reflects more than financial considerations

QUESTION

Which type of mutual fund reflects more than financial considerations in its portfolio of investments?

A) balanced
B) socially responsible
C) global
D) index
E) growth

ANSWER

Answer: B
Explanation: B) Socially responsible funds invest in companies that meet certain standards, such as ethical behavior and environmental protection. Like all mutual funds, it also aims to produce solid financial returns for shareholders.