Mutual Fund Investment Test - Practice Test Geeks

Mutual funds offer a fixed rate of return and a complete US-backed guarantee. government

Typically, mutual funds invest in a variety of businesses and sectors.

For first investments and subsequent purchases, many mutual funds have relatively modest dollar thresholds.

The fund managers conduct the analysis.

Correct! Wrong!

Possible time and effort loss

Low likelihood of success

Early withdrawal penalty

Possibly expensive fees

Correct! Wrong!

The various costs and fees that each class collects

The several financial advisors in charge of overseeing each class

Various investments that each class makes

None of the above

Correct! Wrong!

True

False

Sometimes

Correct! Wrong!

True

False

Sometimes

Correct! Wrong!

They are valued at the share's net asset value (NAV), less any relevant fees and costs.

They are investment firms with SEC registration.

They can support investors in diversifying their holdings.

They provide an opportunity for investors to pool their funds in a fund that is expertly managed and invests in stocks, bonds, or other assets.

Correct! Wrong!

Contains no sales tax

Does not include risky securities

With no time restrictions on when it can be purchased or sold

Costs nothing

Correct! Wrong!