5 Questions
What is the primary purpose of a mutual fund?
To pool money from many investors to purchase securities
Which type of fund seeks to outperform stock market indices and generally charges higher fees?
Actively managed funds
What are the advantages of investing in mutual funds?
Economies of scale and diversification
In which countries are mutual funds typically referred to as SICAV and OEIC, respectively?
Europe and India
Which structure allows open-end funds to be traded directly with the issuer?
Open-end funds
Test your knowledge of mutual funds with this quiz. Learn about the structure, classification, and types of mutual funds from around the world.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
