Exam 13: Personal Investing - Investing in Mutual Funds

Which of the following is True about mutual fund expenses?

A mutual fund that invests only in shares of gold mining companies would be called a

If Becky is going to retire soon,which of the following funds is most appropriate for her?

The difference between an international fund and a global fund is that

The net asset value (NAV)per share of a mutual fund is determined by the market value of securities owned minus liabilities divided by the number of mutual fund units outstanding.

The most important expense statistic mentioned in the Fund Facts is the

List ten types of bond mutual funds in order of least risk to highest,considering multiple risk factors and indicate which ones are most crucial for each type.

The units of a segregated fund differ from the units of a mutual fund in that

A mutual fund is a diversified portfolio of stocks and/or bonds,depending on the investment objective of the fund.

If you had $12 000 to invest in mutual funds which had a 2 percent front end load fee and NAVPS of $15,how many units could you buy?

A fund with a favourable historical track record is likely to continue to outperform funds with similar objectives in the future.

A mutual fund with investments in bonds,stock,and preferred shares would best be described as

If you bought a back-end load mutual fund which had a six-year declining redemption schedule,and held the fund for seven years,you would pay only a minimal load fee.

For whom would purchasing segregated funds would be most appropriate?

If Betty has inherited significant wealth but has very limited investment knowledge,which of the following funds would be least appropriate for her?

In non-registered accounts,investors in high marginal tax brackets will normally prefer mutual funds that generate

Investors in mutual funds may receive capital gains without redeeming any shares.

Funds that attempt to mirror the movements of existing broad market indicators are called

Compare three factors such as level of diversification,MERs,management and performance of segregated funds,ETFs and mutual funds.Provide your own opinion as to the advantages or disadvantages.

Through research you can find the best professional fund managers and eliminate market risk from your stock mutual funds.