No load mutual funds may increase fees through 1. sales charges 2. commissions 3. 12b-1 plans

Question 1 options:

	a)	1 and 2
	b)	1 and 3
	c)	2 and 3
	d)	only 3

Question 2 (2.5 points)

Index funds tend to track

Question 2 options:

	a)	the stock market as a whole
	b)	the bond market
	c)	a specific measure of the market
	d)	the return on other index funds

Question 3 (2.5 points)

Mutual funds reduce unsystematic risk but not systematic risk.

Question 3 options:

	a)	True
	b)	False

Question 4 (2.5 points)

The S&P 500 stock index may be an inappropriate benchmark for a small-cap fund.

Question 4 options:

	a)	True
	b)	False

Question 5 (2.5 points)

The shares of load mutual fund sell for a discount from their net asset value.

Question 5 options:

	a)	True
	b)	False

No load mutual funds may increase fees through sales charges commissions 12b-1 plans Question 1 options: Index funds tend to track Question 2 options: Mutual funds reduce unsystematic risk but not systematic risk. The S&P 500 stock index may be an inappropriate benchmark for a small-cap fund. The shares of load mutual fund sell for a discount from their net asset value