These questions are in respect to US financial services industry

1.A mutual fund is a financial services organization that receives money from its shareholders and invests those funds on their behalf in a diversified portfolio of securities. Describe the basic features and operating characteristics of mutual funds and exchange traded funds.

2. Investing is the means by which many important financial goals in life are achieved. Discuss the role that investing plays in the personal financial planning process and identify several different investment objectives.

3. Property insurance is a coverage that protects real and personal property from catastrophic losses caused by a variety of perils, such as fire, theft, vandalism, and windstorms. Discuss the importance and basic principles of property insurance, including types of exposure, indemnity, and co-insurance.

4. Describe the various types of risks to which investors are exposed as well as the sources of returns