A fund invested 90% in stock and 10% in Treasury bills is best described as a
A) balanced fund.
B) income fund.
C) combination stock/money market fund.
D) growth fund.
Correct Answer:
Verified
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
Q17: An important risk feature of bond mutual
Q18: The size of the expense ratio is
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
Q23: A balanced mutual fund is a mix
Q24: All but one of the following is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents