Question
QUESTION 70 Which of the following are the pay-in and pay-out units of a variable annuity? Annuity and accumulation units Accumulation and annuity units Both
QUESTION 70
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Which of the following are the pay-in and pay-out units of a variable annuity?
Annuity and accumulation units
Accumulation and annuity units
Both are accumulation units
Both are annuity units
QUESTION 71
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An investor is concerned about the US economy and wishes to add diversification to her stock portfolio. Which of the following funds should a rep recommend?
Specialized fund that invests in household appliance companies
Global fund
Aggressive growth fund
International fund
QUESTION 72
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All of the following are true about Inverse ETFs EXCEPT:
Investors may purchase Inverse ETFs in cash or margin accounts
If shares are sold short by an investor, the investor believes that the index the inverse ETF is based on will be bearish
They do not have unlimited loss potential if they are purchased
They may be purchased in retirement plans
QUESTION 73
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Which of the following best describe dollar cost averaging? I. Buying a fixed number of shares periodically II. Investing a fixed dollar amount periodically Ill. Maintaining a constant dollar plan IV. Taking advantage of price fluctuations
II & IV
II & Ill
I & Ill
I, II, Ill, & IV
QUESTION 74
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Which of the following are true about UITs? I. They issue redeemable securities II. They issue non-redeemable securities Ill. They offer securities once IV. They offer securities continuously
II & III
I & III
II & IV
I & IV
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