________ trade on the ________ equity market and represent a ________ portfolio that may invest in the world markets ________ restricted to a region.

Question

Quizplus · Accepted Answer

The question is asking about funds that trade on the equity market and represent a portfolio that may invest in world markets without being restricted to a region. This describes closed-end funds, which trade on both local and foreign (world) markets, have a fixed portfolio (meaning they have a fixed number of shares of each stock), and are sometimes restricted to a region (depending on the specific fund). Therefore, choice B - closed-end funds, local, fixed, sometimes - is the best answer.

________ Trade on the ________ Equity Market and Represent a ________

Trade on the Equity Market and Represent a