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Mutual Funds

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

A type of mutual fund that includes companies primed for revenue or earnings growth at a pace that is faster than that of either industry peers or the market overall.

a)

Growth funds

b)

Income fund

c)

balance fund

d)

Index funds

2.

The goal of these funds is to produce current income in the form of interest or dividends.

a)

Income funds

b)

Growth funds

c)

Balance funds

d)

Index funds

3.

A type of mutual funds, that invest money across asset classes, including a mix of low- to medium-risk stocks, bonds, and other securities.

a)

Balanced funds

b)

Money market fund

c)

Income funds

d)

Growth funds

4.

A type of mutual funds that invests in high-quality, short-term debt instruments, cash, and cash equivalents.

a)

Money market funds

b)

Balance funds

c)

Index funds

d)

Growth funds

5.

It is a mutual fund that purchases international stocks and bonds as well as U.S. securities.

a)

Global funds

b)

Index funds

c)

Money market funds

d)

income funds

6.

It is a portfolio of stocks or bonds designed to react on the composition and performance of a financial market index.

a)

Index fund

b)

Global funds

c)

Income

d)

Mutual funds

7.

It is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering to the public.

a)

Prospectus

b)

Brochures

c)

Pamphlets

d)

Official gazette

8.

A fee that is Imposed if account falls below a particular level.

a)

Account fee

b)

Sales Fee

c)

Purchase fee

d)

Exchange fee

9.

Some fund charge this fee when you purchase their shares to defray costs to the fund associated with your purchase.

a)

Purchase fee

b)

Sales fee

c)

Exchange fee

d)

Management fees

10.

Similar to a commission you pay to a broker

a)

Sales load

b)

Account fee

c)

Brokers fee

d)

Management fee