Instructions: Use Insight Box 5-1 Mutual Funds and the Diversification of Invest
Instructions: Use Insight Box 5-1 Mutual Funds and the Diversification of Investment Risk. After reading the case study, explain: What is a mutual fund and how does it help or hurt the average investor. Is a mutual fund more beneficial to one type of investor? Explain your answer fully. Also, research one mutual fund that you would purchase for yourself explain why you decided to make that purchase. Requirements: Submit your assignment as a Word document formatted to APA standards. Correct grammar, spelling, and punctuation are expected. Include a title page containing your full name, course title, course reference number, and assignment title at the beginning of your Word document. References must be cited properly (APA format). This assignment must meet a minimum of 550+ words (not including title page). Do not limit your paper based on word count.