Quiz 7 – Mutual Funds >> Personal & Family Financial Planning
TOTAL POINTS 5
1.Investment company that pools investors’ money to purchase stock, bonds or other assets is called _________
1 point
Mutual fund
NYSE
Blue chip stocks
2.Which can be a disadvantage of Mutual funds?
1 point
Diversification
Professional management
Management fees incurred
Tax efficiency of fees
3.Which is source(s) of return to the investors investing in mutual funds?
1 point
Dividends
Capital gains distributions
Appreciation in the NAV
All of the above
4.The first and most important thing to do while selecting a mutual fund to buy is to identify your investment objectives.
1 point
True
False
5.Which is a way/ways to access mutual funds?
1 point
Using brokers
Through Individual Retirement Accounts
Using employer retirement accounts
All of the above.
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