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CHAPTER 9 Mutual Fund & Warrant

Total questions: 20

Worksheet time: 3600secs

Name
Class
Date
1.

What type of mutual fund would be most appropriate for a person who wants to invest in a blend of stocks and bonds?

a)

Balanced Fund

b)

Growth Fund

c)

Income Fund

d)

Municipal Bond Fund

2.

Which of the following is NOT the advantages of investing in a Warrant.

a)

Diversified portfolio

b)

Cheaper than ordinary stock

c)

Gives the holder the advantages when the market moves in respect to the holder's expectation

d)

It is tradable

3.
What is a large pool of money that several people put together, and that is usually invested in stocks and bonds and managed by a financial expert?
a)
Mutual fund
b)
Stock
c)
Bond
d)
Bitcoin
4.
Growth funds are usually considered safe and pay regular fixed dividends.
a)
True
b)
False
5.

Khun bought "Warrant T" because he expected that economic is going to recover from the recent crisis. "Warrant T" is most probably

a)

Warranty

b)

Call Warrant

c)

Put Warrant

d)

Special Warrant

6.
What fund attempts to reduce risk while maintaining income and growth?
a)
growth fund
b)
income fund
c)
bond fund
d)
balanced fund
7.

The investment objective of "Fund X" is to earn a regular income. "Fund X" is most likely a

a)

Money Market Funds

b)

Equity + Bond (Balanced) Funds

c)

Fixed Income Funds

d)

Growth Funds

8.
What fund invests in short-term securities to preserve liquidity?
a)
money market
b)
index
c)
global
d)
balanced
9.
Investment companies do not charge management fees.
a)
True
b)
False
10.

A fund that pools money together to invest in real estate

a)

REIT

b)

RIET

c)

Syndicate

11.

Which investment might have more hidden costs than others?

a)

stocks

b)

mutual funds

c)

retirement accounts

d)

bonds

12.

Holders of "Fund W" can only sell their units when another holder of the same fund want to buy it. "Fund W" is most probably to be

a)

Mutual Fund

b)

Unit Trust

c)

Open-Ended Fund

d)

Close-Ended Fund

13.

Which of the following is NOT a feature of a warrant?

a)

Strike price

b)

Expiration date

c)

Premium

d)

Exercise ratio

14.

Mutual Funds are advantageous because

a)

They allow individual investors to diversify

b)

They always make money

c)

They don't invest in high risk asset

d)

Only wealthy people can invest in them

15.

Net Asset Value (NAV) is arrived by dividing the difference between asset and liabilities by the number of shares/units held by the investors.

a)

True

b)

False

16.

The objective of Investment Q is to give the holder certain rights and are mostly attached to a mother security. Investment Q is most probably a

a)

Options

b)

Mutual Fund

c)

Warrant

d)

Futures

17.

Select the correct answer.


Why is investing in a mutual fund less risky than investing in a particular company’s stock?

a)

Mutual funds only invest in blue-chip stocks.

b)

Investments in mutual funds are more liquid.

c)

Investments in mutual funds offer a higher rate of return.

d)

Mutual funds hold a diversified portfolio of stocks.

18.

Which item is the best metaphor for a Mutual Fund

a)

A slice of banana

b)

A cut up pie

c)

A justice league

d)

A glass full of milk

19.

What type of mutual fund has a fixed number of shares issued initially?

a)

Open-ended fund

b)

Load fund

c)

No-load fund

d)

Close-ended fund

20.

Put Warrant is considered "out-of-money" when the market price is higher than the strike price.

a)

True

b)

False