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Mutual funds & ETFs

Total questions: 10

Worksheet time: 13mins

Name
Class
Date
1.

You can diversify in multiple ways:

a)

Assets like stocks, bonds, and real estate

b)

Sectors like consumer goods, technology, energy, financials, etc

c)

Markets like domestic, international, emerging markets

2.

If you are properly diversified, a downturn in one sector or market won't sink your whole portfolio.

a)

True

b)

False

3.

Tools for diversification:

a)

Mutual Funds

b)

ETFs (Exchange Traded Funds)

c)

2 to 5 stocks

4.

The modern mutual fund was born in which year?

(a)  

5.

The first successful ETF was born in which year?

(a)  

6.

Match the following

a)

Most mutual funds are _______

1.

actively managed

b)

Most ETFs are ___________

2.

passively managed

c)

Investors trade their shares directly from the fund provider

3.

Mutual Funds

d)

Investors trade their shares from other investors, similar to how stocks trade on the market

4.

ETFs

7.

Trades can happen at any point during the day-making them even more accessible and liquid to investors

a)

Mutual funds

b)

ETFs

8.

Match the following

a)

Using analytical research, forecasts, and judgement to invest in specific stocks that will outperform the market

1.

Active managed mutual funds or ETFs

b)

High expense ratios (management fee)

2.

Active managed

c)

Tracking the S&P 500 index, automatically giving exposure to all the stocks in the index

3.

Passive managed mutual funds or ETFs

9.

Warren Buffett said " The trick is not to pick the right company. The trick is to essentially buy all the big companies through the (a)   and to do it consistently." (That's why investing pros advise people to use low cost index funds)

10.

Whichever option you choose, make sure you are:

a)

Minimizing costs

b)

Well-Diversified

c)

Investing for the long term