1. While not all mutual funds charge all types of fees, your text describes all of the following fees EXCEPT:
A. Management fee
B. Back end load
C. Front end load
D. Allocation fee
2. Before you purchase a mutual fund, you can learn about its strategy by reading the:
A. Executive summary
B. Debenture agreement
C. Prospects
D. Disclose
3. While there are many mutual funds that clearly state the goal they are structured to achieve, which of the following is specifically designed to increase returns by borrowing to invest?
A. Aggressive funds
B. Leveraged funds
C. Lifestyle funds
D. Indexed funds
4. There are mutual funds for almost every conceivable mix of investors preferences in terms of types of securities, markets, goals risks tiler and timeframe.
True or false
5. All of the following are ways to indirectly invest in real estate, EXCEPT
A. Syndicates
B. REITs
C. Cooperatives
D. Limited partnerships
6. Disadvantages of investing in collectible's includes all of the following EXCEPT:
A. Lack of liquidity
B. Lack of earnings
C. Holding costs
D. Guaranteed capital depreciation