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Which of the Following Is Not a Withdrawal Option for a Mutual

Question 97

Multiple Choice

Which of the following is not a withdrawal option for a mutual fund?


A) The investor may withdraw a specified, dollar amount each investment period.
B) The investor may liquidate or "sell off" a certain number of shares each investment period.
C) The investor can withdraw a fixed percentage of asset growth.
D) The investor can withdraw all income that results from interest, dividends, and capital gains earned by the mutual fund during an investment period.
E) The investor must wait five years, and then can withdraw 10 percent of the asset growth each year until the fund is exhausted.

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