33. Which of the following statements is correct with respect to ETFs?

a) ETFs are considered active investments.

b) All Canadian ETFs are eligible for registered accounts.

c) Trading strategies for leveraged ETFs are relatively simple compared to ETFs

that have indexes as their underlying investment.

34. Why do private equity managers often have access to legitimate inside

information?

a) They typically have a large staff to conduct in-depth research.

b) These managers have more contacts, due to their experience, than mutual

fund managers.

c) They demand access so that they can sell their ownership quickly.

d) They often buy majority ownership.

35. Which of the following would you expect to have the lowest MER?

a) Leveraged ETF on the S&P 500.

b) Inverse leverage ETF on the S&P/TSX 60 Index.

c) ETF on Gold bars.

d) ETF on a Government Bond Index.