Risk Level Options for quesiton below are as follow:

1,2, or 3

A $3,000 investment in a mutual fund with a 3% front-end load will allow you to make a net ivestment of: $2,820 or $2,910 or $3,090

You Shoul review and ralance your mutual fund investment: Quarterly, Annually, Monthly, or Never; the fund is rebalanced for you.

Assume that todays opening price of Middleburg Capital Fund equals yesterday's closing price. If you wanted to make your investment first thing this morning, then you should expect to pay: $23.80, or $24.00,or $28.80, or $22.80 for each share of MidCap since it: charges a 5.10% fee, or assess a 0.10% fee, or is a no load fund.

Yesterday, each share of MidCap sold for: $0.10 more, $5.10 more, $0.10 less, $5.10 less than it did the day before, and offers a return of: 24.00%, 0.10%, 5.10% for the year.

If you had $5,000 availble to invest, you could purchase: 208, 278, 347, 260 shares of MidCap.

What is in bold and italics are the fill in the blank choices to those statements.

1. Apply what You've Learned Investing Through Mutual Funds Scenario: You are 30 years old and single. You have a moderate risk investment philosophy. You are interested in long-term investing, but you do not have sufficient funds to buy a variety of investments to be fully diversified and you do not feel you have the expertise to make good choices. Read the statements and indicate whether each statement is true or false. Statement False True A fund's exchange privilege allows a fund investor to exchange shares between different funds within the same family of funds. Mutual funds don't distribute dividends rather, they generate income by creating capital gains An important advantage of investing in a mutual fund is the convenience and ease of selecting a fund that matches your investment objectives. If you name a beneficiary, your mutual fund investment can be transferred to an heir without going through probate Given your moderate risk investment philosophy, you would be best served by investing in a mutual fund with both a growth and an income objective. a growth objective an income objective