Which of the following statements about diversification is INCORRECT? A) Diversification is spreading your assets across different asset classes, sectors, countries or issuers of securities. B)...

Which of the following statements about diversification is INCORRECT?

A) Diversification is spreading your assets across different asset classes, sectors, countries or issuers of securities.

B) Diversification is about purchasing shares with different correlations.

C) Diversification is about “putting all your eggs in one basket”.

D) Diversification is a benefit of investing in managed funds.