7. Other types of funds 1. 2. STEP: 1 of 2 The following table lists descriptions of various types of funds. Use the table to indicate the type of fund that most closely matches the fund description Closed End funds Exchange- Traded Funds Venture Capital Funds Private Equity Funds Real Estate Investment Trusts Fund Description A fund that issues shares and uses the funds to invest in securities in a particular industry or country. This type of fund does not allow new investors after the initial share offering. A fund that seeks to mirror the performance of a particular stock index. The fixed number of shares of this type of fund are often traded on a stock exchange A fund that solicits money from wealthy individuals and institutions with a large required minimum Investment) and Invests the funds in a diversified portfolio of companies A fund that purchases the majority (or entire) stakes of businesses using pooled funds from Individuals and institutions, with the goal of improving the performance of acquired companies. A closed fund that focuses on investments in real estate and mortgages. This type of fund usually allows smaller investors and requires low minimum Investments Grade Step 1 TOTAL SCORE: 0/2 o complessandrock the next Grade It Now Save & Continue Continue withoutsning