1. Please provide a brief description of the three types of asset classes: common stock, fixed income securities and derivative securities. 2. Present an outline for each of the three weighting schemes involved in constructing market indexes: Price-weighted average, Market value-weighted index and Equally weighted index. 3. Please present a comparison of Open-End vs. Closed-End Funds. 4. Please present a brief description of Exchange-Traded funds and outline two potential advantages and two potential disadvantages of them