QUESTION 4

1. A mutual fund's prospectus:

   		details investment holdings, guaranteed future returns & costs.
   		details investment holdings, historic returns & costs.
   		is not a requirement of a mutual fund.
   		is not important to an investor.

1 points

QUESTION 5

1. Real Estate Investment Trusts (REITs):

   		do not pay corporate tax.
   		pay the current corporate tax.
   		have no restrictions on their assets.
   		are good short-term investments.

1 points

QUESTION 6

1. The ____________ measures the annual management, distribution, and expense fees of a mutual fund.

   		front-end load
   		back-end load
   		turnover ratio
   		expense ratio