Mutual Funds Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Which type of mutual fund seeks to outperform stock market indices but generally charges higher fees?

  • Open-end funds
  • Index funds (correct)
  • Closed-end funds
  • Money market funds

What are the primary structures of mutual funds?

  • Money market funds, bond funds, and stock funds
  • Closed-end funds, open-end funds, and index funds (correct)
  • Index funds, open-end funds, and unit investment trusts
  • SICAV, OEIC, and open-end funds

In which countries is the term 'mutual fund' typically used?

  • United States, Canada, and Australia
  • United Kingdom, Canada, and India
  • United States, Canada, and India (correct)
  • United States, Mexico, and India

What do index funds track the performance of?

<p>A stock market index or bond market index (C)</p> Signup and view all the answers

What are the advantages of mutual funds?

<p>Economies of scale, diversification, liquidity, and professional management (A)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Mutual Funds Overview
5 questions

Mutual Funds Overview

SeasonedHeliodor4977 avatar
SeasonedHeliodor4977
Use Quizgecko on...
Browser
Browser