5 Questions
Which type of mutual fund seeks to outperform stock market indices but generally charges higher fees?
Index funds
What are the primary structures of mutual funds?
Closed-end funds, open-end funds, and index funds
In which countries is the term 'mutual fund' typically used?
United States, Canada, and India
What do index funds track the performance of?
A stock market index or bond market index
What are the advantages of mutual funds?
Economies of scale, diversification, liquidity, and professional management
Test your knowledge about mutual funds with this quiz. Explore the different types of mutual funds, their investment strategies, and how they function in the financial market.
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