5 Questions
What are the primary structures of mutual funds?
Open-end funds, closed-end funds, and unit investment trusts
What is the main advantage of mutual funds?
Economies of scale
What are index funds?
Passively managed funds that track the performance of an index
In which countries is the term 'mutual fund' typically used?
United States, Canada, and India
What do actively managed funds seek to do?
Outperform stock market indices but generally charge higher fees
Test your knowledge about mutual funds, including their structure, classifications, and global variations. Explore the different types of mutual fund investments and their principal characteristics.
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