TEKS Global Business Quizizz

Who do mutual funds pass their expenses to?

• Portfolio managers

• Shareholders

• CEO

• Public

What type of risk increases as interest rates decline, affecting the market values of bonds held by securities firms?

• Exchange Rate Risk

• Credit Risk

• Interest Rate Risk

• Market Risk

How often can investors buy shares in mutual funds described as "open-ended"?

• Some of the time

• At any time

• Never

• Only at fiscal year-end

Which type of funds are composed of stocks that are expected to move in line with a specific index?

• Specialty funds

• Index funds

• Multi-fund

• High-yield bond funds

What type of funds focus on a group of companies sharing a particular characteristic?

• Specialty funds

• Index funds

• Multi-funds

• International and Global funds

Which funds invest in a portfolio of different mutual funds?

• Specialty funds

• Index funds

• Multi-funds

• Income funds

What type of bond mutual fund is composed of bonds that offer periodic coupon payments and vary in exposure to risk?

• Income funds

• Tax-free funds

• High-yield bond funds

• International and Global funds

Which type of bond mutual fund contains municipal bonds?

• Income funds

• Tax-free funds

• High-yield bond funds

• International and Global funds

What is often referred to as "junk" bond funds and are issued by highly leveraged firms?

• Income funds

• Tax-free funds

• High-yield bond funds

• International and Global funds

Which type of fund is designed to mimic particular stock indexes and are traded on a stock exchange just like stocks?

• Exchange-traded funds

• Close-ended funds

• Private Equity funds

• Venture Capital funds