Question

Loretta is looking for a well diversified equity fund. Her ideal mutual fund would hold investments within and outside Canad a. Although she is seeking growth, Loretta also wants a mutual fund that invests in quality companies. Which of the following mutual funds would be the best choice for Loretta?

Accepted Answer

Polar Global Blue Chip Equity Fund - this global equity fund invests in large, established companies in mostly stable and mature foreign markets.

Answer

Dominion International Growth Fund - this international equity fund invests in small and medium sized companies in countries all around the world.

Answer

Lennox Energy Fund - this sector fund invests primarily in Canadian oil and gas companies that sell both to domestic and foreign markets.

Answer

Auric Precious Metals Fund - this sector fund invests in Canadian companies that participate in the precious metals sector such as owning mines in foreign countries.

Loretta is looking for a well diversified equity fund. Her ideal mutual fund would hold investments within and outside Canad a. Although she is…

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