An important risk feature of bond mutual funds is
A) their short duration.
B) their lack of a maturity date.
C) their focus on junk bonds.
D) the fact that they are callable.
Correct Answer:
Verified
Q12: A back-end load is also called a
A)
Q13: A management fee is paid to the
A)
Q14: A 12b-1 fee
A) permits management to use
Q15: With a load fund,
A) the ask price
Q16: In calculating the holding period return for
Q18: The size of the expense ratio is
Q19: A fund invested 90% in stock and
Q20: A disadvantage of a fund-of-funds is
A) it
Q21: The legal document describing a mutual fund
Q22: From the beginning NAV at the beginning
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