17. A fund that does not charge a sales charge to invest is know as a: A back end loaded fund B No load fund C Load fund D. Non of the above. 18. Mutual funds are regulated by the securities and exchange commission and must disclose the following to shareholder with their prospectus. A. Minimum investment B. Investment objective C. The return on the fund over the last 1.3, and 5 years D. All of the above 19. In general, the higher the expense ratio of a mutual fund: A. The better the return of the fund B. The lower the return of the fund C. The higher the sales charges D. None of the above 20. Which of the following represents the type of investments money market funds will invest in A. CDs, US Treasuries, commercial paper, and bonds _B. Repurchase Agreements, US Treasuries, commercial paper, and bonds C. CDs, US Treasuries, commercial paper, and repurchase agreements _D. CDs, US Treasuries, commercial paper, and stocks 21. Which answer below best represents aggressive investments hedge funds will invest in that mutual funds do not. A. Stocks, bonds, options, futures contracts, real estate, and short selling _B. new private equity in companies, options, futures contracts, use of leverage, real estate, and short selling C. Stocks, bonds, options, use of leverage, real estate, and short selling _D. Stocks, bonds, options, futures contracts, use of leverage, real estate. 22. The risk that stock transactions decline due to macro economic conditions would be A. Credit risk _B. Counterparty risk C. Market risk D. None of the above 23. The risk that foreign investment decline due to falling values of the currency that the investment is denominated in is: A. Market risk B. Credit risk C. Exchange rate risk D. None of the above