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Commingled funds are A. amounts invested in equity and fixed-income mutual funds. B. funds that may...

Commingled funds are A. amounts invested in equity and fixed-income mutual funds. B. funds that may be purchased at intervals of 3, 6, or 12 months at the discretion of management. C. amounts invested in domestic and global equities. D. closed-end funds that may be repurchased only once every two years at the discretion of mutual fund management. E. partnerships of investors that pool their funds, which are then managed for a fee.

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Correct answer is option : E. partnerships of investors that pool their funds, which are then managed for a fee

Commingled fund is partnership of investor that pool funds as one investor may not have so much required money

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