Which of the following is a benefit of investing in mutual funds?

Investing in mutual funds offers the ease and convenience of buying and redeeming units, which is a significant benefit for investors. Mutual funds provide a streamlined method for individuals to invest in a diversified portfolio of assets without the need for extensive market knowledge or the ability to select individual securities.

When investors want to buy into a mutual fund, they can easily purchase units through various channels such as financial advisors, online platforms, or directly from the fund company. Similarly, redeeming units is a straightforward process, allowing investors to access their money relatively quickly compared to other investment types that may not offer the same liquidity.

This accessibility makes mutual funds particularly attractive for a wide range of investors, from novices to those looking to simplify their investment strategies. The ability to enter and exit positions with relative ease enhances the overall appeal of mutual funds as a vital component of many investors' portfolios, particularly for those seeking to maintain flexibility in their investment choices.