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Mutual Funds Quiz

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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</p> Signup and view all the answers

What are the advantages of mutual funds?

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

Mutual Funds Quiz

Choose a study mode

Podcast

Questions and Answers

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

What are the primary structures of mutual funds?

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

What do index funds track the performance of?

What are the advantages of mutual funds?

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