___________ have relatively low risks, compared to other mutual funds.
C
None
Money market funds bond funds (also called fixed income funds) , and stock funds (also called
equity funds) are the categories of:
A
None
End users need to hedge the prices at which they can purchase these commodities for instance:
D
None
I- A gold producers wants to hedge his losses attributable to a fall in the price of gold for his
current gold inventory.
II- A cattle farmer wants to hedge his exposure to changes in the price of his livestock These are the
examples of __________ who need to manage their exposure to fluctuations in the prices of their
commodities.
B
None
Investors typically cannot ascertain the exact makeup of a funds portfolio at any given time, nor can
they directly influence which securities the fund manager buys and sells or the timing of those
trades. This is because of _______ in mutual funds.
B
None
All of these are disadvantages of mutual funds EXCEPT:
B
None
Mutual funds provide an attractive investment choice because they generally offer the following
feature/s:
D
None
One fund may invest on mostly established blue chip (Companies that pay regular dividends).
Another fund may invest in newer technology companies that pay no dividends but that may have
more potential for growth. These are the examples of:
C
None
Close-end funds:
D
None
Close-end funds are traded on:
B
None
A UIT typically issues redeemable securities (or “units”), like a mutual fund, which means:
C
None
The approximate per-share NAV plus any fees the fund imposes is the price:
A
None
If a mutual fund has an NAV of $100 million, and investors own $10,000,000 of funds shares, the
funds per share value will be:
C
None
There are some investment companies, known as exchange-traded funds or ETFS, which are legally
classified as open-end companies or UITs. EFTs differ from traditional open-end companies and UITs
because:
D
None
I- With reference to the granting of customer credit lines a thorough analysis of the customers
overall financial position is performed prior to trading authorization.
II-confirmations of each transaction are sent to customers indicating the quantity, delivery
month and the contract price to ensure the integrity of transactions.
III-Original margin deposits in cash or acceptable securities to guarantee performance of
contracts are determined in accordance These all are adequate procedures and controls associated
with:
A
None