1.

A "spider" refers to:

		a. a REIT that invests in underground storage facilities.
		b. an exchange-traded fund that tracks the S&P 500 stock index.
		c. a limited partnership that invests in coal mines.

2.

An Exchange Traded fund with an objective of both growth and income is a(n)

		a. An open-end investment company
		b. Value Fund
		c. Balanced Fund

3.

Which service below would a mutual fund typically not offer?

		a. Security loss insurance
		b. Automatic reinvestment
		c. Internet transaction

4.

Which portfolio of mutual funds would be most appropriate for an aggressive investor?

		a. One with 40 % invested in 3-5 year CDs, 30% in large company growth stocks, and 30% in 10-20 year U.S. Treasury strips.
		b. One equally weighted among small company stocks and high quality corporate bonds.
		c. One divided equally among large company, small company, and international stocks.