Identify the financial institution based on the description given below. a. They accept deposits from savers and make loans to people who need it. They provide various services, such as checking accounts and money market transactions, to facilitate capital exchange between savers and people who need it.
b. They are established by an employer to facilitate and organize employee retirement funds.
c. They are asset pools that invest in securities that have a potential to give stable returns. With the use of advanced investment techniques, these largely unregulated portfolios are invested in securities.
d. The investment objective is to offset potential losses by investing in counterbalancing securities. They are open to only a select class of investors.