1. What types of income can a balanced fund distribute?
   1. Interest and capital losses.
   2. Capital gains and capital losses.
   3. Dividends and capital gains.
   4. Interest and capital cost allowance.
2. For what sort of investors are index funds suitable?
   1. Investors who expect a steady stream of income.
   2. Investors with a short time horizon.
   3. Investors looking for long term capital growth similar to a specific market.
   4. Investors with a low risk profile.
3. Which of the following statements about international equity funds is TRUE?
   1. International equity funds are less risky than Canadian equity funds due to country diversification.
   2. International equity funds are prohibited from investing more than 10% of their portfolio in any single country.
   3. International equity funds are completely invested in foreign companies.
   4. International equity funds are less risky than global funds.