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When people invest in mutual funds they are making loans to banks and their investments are insured by the FDIC True or False?

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True. When people invest in mutual funds they are making loans to banks and their investments are insured by the FDIC.
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mututal fund represents a vehicle for collective investments....an individual who cant invest directly in securities market cantake help of mutual fund to invest on his behalf

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When you deposit money with the bank, the bank promises to pay youa certain rate of interest for the period you specify.On the dateof maturity the bank is supposed to return t

When people invest your mutual funds they are making loans to banks and their investments are insured by the FDIC is this true or false?

Mutual funds accounts are not insured by the Federal Deposit Insurance Corporation. The FDIC only insures bank accounts (i.e., checking accounts and savings accounts, not mutu