Which of the following would not be considered corporate insiders? I. directors of a company II. a shareholder owning 5.5% of a companys shares III. the CEO of a company IV. the CEO of a subsidiary(2 Points) II II and III IV I and IV 8.What does a mutual fund's trust deed contain?(2 Points) Restrictions regarding the investments the fund may hold The fund's investment policy The fund's principal investment objectives All of these 9.Which of the following funds would most likely offer the least degree of diversification, assuming they all held the same number of securities?(2 Points) Global balanced fund International equity North American equity High-yield bond fund 10.In addressing a perceived issue with a financial institution in Canada, an individual can undertake each of the following options, except:(2 Points) complain to the exchange on which the financial institutions shares trade file a lawsuit seek assistance from OBSI request arbitration 11.Unlike mutual funds, segregated funds I. may have death benefits II. are regulated by provincial securities regulators III. must file annual financial statements IV. have maturity guarantees (2 Points) I, III, and IV I and IV II and III II, III, and IV 12.A mutual fund that adds to the liquidity of your portfolio while providing a moderate level of income is most likely a(n):(2 Points) balanced fund fixed income fund cash and cash equivalent fund equity fund 13.In order to sell mutual funds, a salesperson must(2 Points) both of these none of these apply for registration through the NRD have completed the CSC, the CFC, or another qualified program, plus the CPH 14.Which hedge fund structure can only accept investment from accredited investors?(2 Points) Principal-protected notes Limited partnership Closed-end fund Commodity pool 15.According to Joness model, what would a successful manager do in a rising market? I. Buy or go long securities that will rise more than the market II. Sell or go short securities that will rise less than the market III. Sell or go short securities that will decline more the market IV. Buy or go long securities will fall less than the market (2 Points) II and III I and II I and III III and IV 16.Shareholders have the following rights associated with the purchase of newly issued shares:(2 Points) rescission withdrawal both of these none of these 17.Which of the following is a requirement of a takeover bid that is not exempt under the relevant act?(2 Points) A takeover bid circular must be sent out with or as part of the bid If the offer is made for less than all of the shares outstanding, the number of securities purchased from individual investors may be determined on a pro rata basis Any security purchased during the bid must be paid for within five business days A directors circular must be sent to shareholders of the target firm within 30 days 18.All of the following hedge fund structures contribute to the retailization of hedge funds or broader access for investors, except:(2 Points) closed-end funds principal-protected notes limited partnerships commodity pools