The number of mutual funds is:
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A. B. C. D.D
The answer to this question is D. Over 15 thousand.
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. They are managed by professional portfolio managers, who use the pooled money to invest in a variety of assets to achieve the fund's investment objective.
According to the Investment Company Institute (ICI), as of the end of 2020, there were over 17,500 mutual funds in the United States. This number includes both open-end funds (the most common type of mutual fund) and closed-end funds. Open-end funds have no limit on the number of shares they can issue, while closed-end funds have a fixed number of shares outstanding.
Mutual funds offer investors a convenient way to invest in the stock and bond markets, as well as other asset classes, such as real estate, commodities, and alternative investments. They are popular investment vehicles because they offer diversification, professional management, and liquidity.
Overall, the mutual fund industry is a large and diverse industry, with funds available to suit a wide range of investment objectives and risk profiles. The number of mutual funds available is constantly changing as new funds are launched and existing funds are merged or liquidated.