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17 March, 11:42

Frank is an investor with a long time horizon and high risk tolerance. Which type of mutual fund would be best for his portfolio?

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  1. 17 March, 12:09
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    An equity fund

    Explanation:

    Frank is an investor with a long time horizon and high-risk tolerance. An equity fund would be best for his portfolio. An equity fund implies a mutual fund that finances particularly into stocks. It can remain actively either calmly (index capital) directed. Equity funds signified further as stock reserves. Stock mutual funds means essentially classified according to organization size, the plunge method of the holdings within the portfolio as well as topography.
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