The correct answer is: C. fund families.
A fund family is a group of mutual funds that are managed by the same investment company. Fund families offer a variety of investment options, including stock funds, bond funds, and money market funds. Investors can choose from a variety of fund families to find the right mix of investments for their needs.
A fund syndicate is a group of investment banks that work together to raise money for a new mutual fund. The syndicate members share the risk of the new fund and the potential rewards.
A fund conglomerate is a large investment company that manages a variety of mutual funds, as well as other investment products, such as exchange-traded funds (ETFs) and closed-end funds.
A fund complex is a group of mutual funds that are managed by different investment companies but are marketed under the same brand name. Fund complexes are often used by large financial institutions to offer a wide range of investment options to their customers.