$1.$ What are investment companies?

$2.$ What are the four types of investment companies?

$3.$ What is net asset value $($NAV$)?$

$4.$ What type of investment company has the largest invested assets?

$5.$ Why is it important for individuals to invest on their own behalf?

$6.$ Discuss the tax treatment of investment companies $($IC$).$

$7.$ Describe a unit investment trust $($UIT$).$

$8.$ Describe ETFs.

$9.$ Describe closed$-$end funds $($CEF$).$

$10.$ Describe open$-$end investment companies $($mutual funds$).$

$11.$ Explain the difference between front$-$end loads and back$-$end loads.

$12.$ What are $12$b$-1$ fees used for?

$13.$ What does a mutual fund$$s expense ratio include?

$14.$ Explain how discounts on front$-$end sales charges work.

$15.$ List several advantages of mutual funds.

$16.$ List several disadvantages of mutual funds.

$17.$ Determine which class of shares is the best for an investor based on their holding period.