Fidelity is a mutual fund company. It purchases $1 billion of corporate stocks from the money it raises by selling share

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Fidelity Is A Mutual Fund Company It Purchases 1 Billion Of Corporate Stocks From The Money It Raises By Selling Share 1 (18.91 KiB) Viewed 15 times

Fidelity is a mutual fund company. It purchases $1 billion of corporate stocks from the money it raises by selling shares in an equity mutual fund. Therefore, O the corporate stocks are direct securities and the mutual fund shares are indirect securities. O the corporate stocks are indirect securities and the mutual fund shares are indirect securities. the corporate stocks are direct securities and the mutual fund shares are direct securities. O the corporate stocks are indirect securities and the mutual fund shares are direct securities.