Which is not a method for taking your funds out of a mutual fund?
A) Borrowing against your fund account
B) Taking a set dollar amount each month
C) Cashing in a set number of shares each month
D) Taking the current income as cash
Correct Answer:
Verified
Q127: Most mutual funds are
A)closed-end funds.
B)index funds.
C)managed funds.
D)money
Q128: "Spiders" are a type of
A)REIT.
B)ETF.
C)UIT.
D)open-end fund.
Q129: Periodic,systematic investment in mutual funds is very
Q130: Closed-end investment companies
A)are the most common type
Q131: A(n) _ buys and holds an unmanaged
Q133: A(n)_ guarantees the owner a fixed or
Q134: A group of mutual funds managed by
Q135: Which of the following types of investment
Q136: Which type of fund would be most
Q137: A(n) _ is a closed-end investment company
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