2013年10月23日星期三

True or false? About mutual funds?

  • growth stock mutual fund rates
  • good mutual fund
  • global health insurance
  • europe assistance
I was hoping someone could check and see if I got these right or if I am close!! Thanks..


Mutual funds do not pay income tax (T)

The shares of close-end investment companies are bought and sold in secondary markets like the NYSE (T)

the shares of closed-end investment companies sell for their net asset value (F)

the shares of closed end investment companies generally sell for a premium and rarely sell for a discount from their net asset value (F)

The sales commission associated with purchasing mutual funds is called a "loading" fee (T)

When an individual wants to remove funds from a closed-end investment company, that investor sells the shares back to the company (F)

a "no load" fund is a mutual fund with no fees (T)

the managers of mutual funds have tended to outperform the market consistently (F)

the value of shares in bond funds tend to rise with an increase in interest rates (T)

the shares of mutual funds cannot sell for a discount from their net asset value (T)

Mutual funds pay federal income tax on dividends they receive from their investments (F)

The loading fee reduces a funds net asset value (T)

U.S. mutual funds may not hold foreign securities (T)

an index fund seeks to outperform a specific stock index like the S&P 500 (F)

a global fund constructs a portfolio of assets of firms located in Europe (T)


any input is greatly appreciated thanks!!

True or false? About mutual funds?

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