Question
Mutual funds provide all of the following, except: Group of answer choices guaranteed returns diversification minimal transaction costs flexibility service Flag this Question Question 25
Mutual funds provide all of the following, except:
Group of answer choices
guaranteed returns
diversification
minimal transaction costs
flexibility
service
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Question 25 pts
A mutual fund that has the ability to issue as many shares as the investors want is called
Group of answer choices
not a good investment
open ended
open minded
closed
a balanced fund
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Question 35 pts
The net asset value (NAV) of a mutual fund is defined as:
Group of answer choices
investment fund ratio
closed end
the dollar value of a share in that mutual fund
capital gains differentiation
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Question 45 pts
An investment that is private, unregulated, charges high fees and is very risky is a __________________
Group of answer choices
good fund for first time investors
a hedge fund
all bond funds
a balanced fund
real estate investment trusts
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