Mutual Fund Investment Test

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Which of the following aspects of investing in a mutual fund is a drawback:

Correct! Wrong!

A mutual fund or ETF that attempts to mimic the performance of a market index is known as an index fund. A low-cost, tax-efficient, and diversified option to invest in equities is through index funds.

Correct! Wrong!

A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. Which is NOT a reason an individual might invest in a mutual fund?

Correct! Wrong!

Which of the following characterize a "no-load" mutual fund

Correct! Wrong!

The same laws and standards that apply to mutual funds also apply to hedge funds.

Correct! Wrong!

Mutual fund share classes (Class A, Class B, Class C, etc.) differ primarily in that they:

Correct! Wrong!

The following similarities between mutual funds and ETFs EXCEPT:

Correct! Wrong!

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