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Mutual Funds: 2025-26

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

What is a mutual fund?

a)

A stock exchange platform

b)

A type of savings account

c)

A group of people pooling money to invest in various things

d)

A loan given to a company or government

2.

What does diversification in mutual funds mean?

a)

Investing all money in one company

b)

Spreading money across many different investments

c)

Investing only in bonds

d)

Avoiding investments in stocks

3.

What is one advantage of mutual funds?

a)

They guarantee high returns

b)

They are managed by professionals

c)

They are free of fees

d)

They require no research

4.

What is the first step to investing in mutual funds?

a)

Opening a retirement account

b)

Investing in stocks only

c)

Figuring out how much money you can invest

d)

Choosing mutual funds with high expense ratios

5.

What is a retirement account used for?

a)

Investing only in bonds

b)

Managing mutual funds directly

c)

Saving for retirement and gaining tax advantages

d)

Avoiding all risks in investments

6.

What is a sales load in mutual funds?

a)

A fee for opening a retirement account

b)

A tax on mutual fund earnings

c)

A penalty for withdrawing money early

d)

A commission paid when buying or selling shares

7.

What are stocks in the context of mutual funds?

a)

Loans to companies or governments

b)

Fees charged by mutual funds

c)

Types of retirement accounts

d)

Pieces of ownership in companies

8.

What are bonds in the context of mutual funds?

a)

Fees charged by mutual funds

b)

Types of retirement accounts

c)

Pieces of ownership in companies

d)

Loans to companies or governments

9.

What is the main goal of investing in mutual funds?

a)

To manage investments personally

b)

To build wealth over the long term

c)

To avoid all risks

d)

To guarantee immediate returns

10.

What should you do before choosing a mutual fund?

a)

Research and match funds to your investment goals

b)

Invest in the most popular fund

c)

Avoid funds with low expense ratios

d)

Choose funds with high sales loads

11.

What is the role of professionals in mutual funds?

a)

They guarantee returns

b)

They manage investments and make decisions

c)

They eliminate all risks

d)

They charge no fees

12.

What is the benefit of starting small when investing in mutual funds?

a)

It avoids diversification

b)

It minimizes risk and helps you learn gradually

c)

It guarantees high returns

d)

It eliminates the need for research