Mutual Funds Overview

SICAV, OEIC, and mutual investment company

Stock or equity funds, bond or fixed income funds, and hybrid funds

Open-end funds, closed-end funds, and unit investment trusts (correct)

Exchange-traded funds, index funds, and money market funds

Low fees and expenses

Direct control over individual securities

Economies of scale (correct)

High liquidity

Funds that invest only in stocks

Funds that are only available in the UK

Actively managed funds with high fees

Passively managed funds that track the performance of an index (correct)

<p>United States, Canada, and India (D)</p> Signup and view all the answers

<p>Outperform stock market indices but generally charge higher fees (B)</p> Signup and view all the answers