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Which of the following statements is FALSE? There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds. Professional fund managers do make mistakes. Individual investors should be involved in choosing a mutual fund because they know how the objectives of a mutual fund match their own investment objectives. Although investing in mutual funds provides professional management, individual investors should continually evaluate their mutual fund investments.

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Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE

 A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.  

 Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments. 

Answer:

There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds: this statement is False.

Explanation:

  • A mutual fund is an investment cart that is created for a pond of funds collected from a lot of shareholders to vest in securities such as Bonds, stocks, money market instrument and same assets.
  • Mutual funds are carried by those who manage the money, who vest the capital fund's and carried out activity to produce capital gains and income for the fund's Investor.

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