Which type of open-end mutual fund provides a procedure for an investor to redeem shares for payments.

Switching Option fund

Redemption fun

Automatic Investment Plan Fund

Automatic Reinvestment Plan Fund

Formula plans are designed to divide portfolios into both speculative and __________ portfolios.

Capital Appreciation

Total Profit

High Risk

Conservative

Risk tolerance relates to the ability to deal with

The Unknown

The Future

Job Employment

Insurance

One of the most important things to consider when planning for retirement deals the loss of purchasing power better known as ______________?

Job Status

Location of retirement

Inflation

Savings Account totals

What type of will is the most commonly prepared will?

Death Bed

Formal

Oral

Joint

The primary advantage to investors who invest in a stock mutual fund rather than in individual stocks is a portfolio with reduced risk resulting from ______________.

Asset allocation

Diversification

Compounding

None of the Above

Sources such as the Morningstar Mutual Funds provide reliable for information on mutual funds.

True/False

International funds are structured with investments in both foreign and domestic securities and other assets.

True/False