5-44 The number of funds and assets size of the mutual fund industry have grown dramatically since 1970 because of the introduction of
A) money market mutual funds in 1972.
B) tax-exempt money market mutual funds in 1979.
C) special-purpose equity,bond,and derivative funds.
D) 401-k retirement plans sponsored by employers.
E) All of the above.
Correct Answer:
Verified
Q44: 5-50 Which of the following is one
Q45: 5-51 The returns obtained by investors of
Q46: 5-47 Open-end mutual funds guarantee
A)investors a minimum
Q47: 5-59 An investor invests $100,000 in a
Q48: 5-46 The short-term mutual fund sector includes
A)money
Q50: 5-49 Regarding the relative asset size and
Q51: 5-53 Open-end mutual funds
A)require that NAV consider
Q52: 5-43 U.S.mutual fund companies have made significant
Q53: 5-57 12b-1 fees
A)are determined as a small
Q54: 5-58 Fees investors are charged to cover
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