12. 13. 14. "Property investment is where investor make a small investment into a property, then go on to rent it out to cover mortgage repayments, and then once raised in price, sell it, thus gaining a profit or to purchase more property". What is the best to explain this statement? A. Bond B. Fixed deposit C. Savings account D. Properties Which one of the following statements best describes unit trust investment? A. A real estate property which is not occupied by the owner B. The issuer has to make periodic interest payments to the investor who is also known as the buyer at the maturity C. No interest paid on one, two or three months D. Allow fund managers to pool money from numerous investors to invest in a portfolio of assets such as deposits, stocks and bonds Below are the parties involved in unit trust, except: A investment management company B. unit holder C. trustee D. remisier Below are the types of unit trust, except: A. equity funds B. fixed income funds C. property trust funds D. gold funds Below are the reasons why retirement planning is important, except: A. to live a comfortable standard of living during retirement B. to ensure life after retirement is good C. to determine the level of income needed during retirement D. to enjoy life before retirement If the planning of retirement is not done well, people would suffer during retirement. These are the reasons why it could happen, except: A. putting away too little B. starting too late C. proper financial planning D. investing too conservatively 15. 16. 17