Podcast
Questions and Answers
What percentage of mutual funds accounts combine stocks and bonds into a single fund?
What percentage of mutual funds accounts combine stocks and bonds into a single fund?
- 10%
- 15%
- 5% (correct)
- 20%
What is the main characteristic of an open-end fund that invests only in money market securities?
What is the main characteristic of an open-end fund that invests only in money market securities?
- Offers higher returns than bank deposits
- Contains a mix of stocks and bonds
- Offers check-writing privileges (correct)
- Is federally insured
What type of mutual fund accounts for the largest percentage of net assets?
What type of mutual fund accounts for the largest percentage of net assets?
- Stock (equity) funds (correct)
- Money market funds
- Bond funds
- Hybrid funds
What is the primary benefit of an index fund compared to traditional mutual funds?
What is the primary benefit of an index fund compared to traditional mutual funds?
What is the approximate percentage of net assets accounted for by hybrid funds?
What is the approximate percentage of net assets accounted for by hybrid funds?
What type of mutual fund can fit into any category discussed?
What type of mutual fund can fit into any category discussed?
What is a benefit of mutual funds in terms of liquidity?
What is a benefit of mutual funds in terms of liquidity?
What is a benefit of mutual funds in terms of denomination?
What is a benefit of mutual funds in terms of denomination?
What is an advantage of mutual funds in terms of costs?
What is an advantage of mutual funds in terms of costs?
What is a benefit of mutual funds in terms of managerial expertise?
What is a benefit of mutual funds in terms of managerial expertise?
What percentage of households held mutual fund shares in 1980?
What percentage of households held mutual fund shares in 1980?
What is the estimated size of the retirement market that mutual funds account for?
What is the estimated size of the retirement market that mutual funds account for?
What type of shares do not charge an upfront fee for buying the shares?
What type of shares do not charge an upfront fee for buying the shares?
What is the primary purpose of the 12b-1 fee in mutual funds?
What is the primary purpose of the 12b-1 fee in mutual funds?
What is the main difference between hedge funds and mutual funds in terms of their board composition?
What is the main difference between hedge funds and mutual funds in terms of their board composition?
What is the purpose of the contingent deferred sales charge in mutual funds?
What is the purpose of the contingent deferred sales charge in mutual funds?
What is the main purpose of the Investment Company Act of 1940?
What is the main purpose of the Investment Company Act of 1940?
What is the characteristic of special mutual funds that received great attention after the collapse of Long-Term Capital Management?
What is the characteristic of special mutual funds that received great attention after the collapse of Long-Term Capital Management?
Flashcards are hidden until you start studying
