55) Which of the following is a source of detailed information for fund investments?

A) Internet

B) Professional advisory services

C) The fund's annual report and prospectus

D) Financial publications

E) All of these

48) Which of the following is an example of an exchange-traded fund (commonly referred to as ETF) that is available to track an index? A) Midcap stocks B) Small-cap stocks

C) Fixed-income securities

D) Commodities

37) Which of the following would be found in a mutual fund's prospectus?

A) Statement describing the risk factors associated with the fund B) Description of the fund's past performance C) Information about the fund's management

D) The process for buying and selling shares in the fund E) All of these would be found in a prospectus.

E) All of these are correct

29) Which of the following is an advantage of an exchange-traded fund? A) No minimum investment amount B) Buy and sell shares through a securities exchange at any time during the business day

C) Lower management fees than closed-end or open-end funds D) Using limit orders to both buy and sell E) All of these are advantages of ETFs.

27) During 2017, Lincoln Masters received income dividends of $850 and capital gain distributions of $540. Based on this information: A) both amounts must be included as taxable income. B) only the dividends are taxable.

C) only the capital gains are taxable. D) both amounts are tax-exempt. E) both amounts are taxed at a rate of 5 percent.