1) John and Jody want to diversify internationally. Which option is the least attractive to them?

Group of answer choices

Investing in an open-end international mutual fund.

Investing in their existing mutual fund.

Investing in a closed-end international fund.

Investing in a closed-end global fund.

Investing in an open-end global mutual fund.

2) Buying a REIT versus direct real estate is a better way to improve the Sharpe ratio (risk/return) of a portfolio due to its lower correlation with the stock market. (true/false)