Home Library Explore SAT

Home Library Explore SAT

Check: Lesson 5 Flashcards | StudBud

Explore/Check: Lesson 5

Check: Lesson 5

11 terms·StudBud Administration·2,078 plays

How much do you remember from last week's Lesson 5: Mutual Funds/ETFs?

Flashcards11 cardsFPractice quizPHost liveL

Questions 11

Answers

1
Mutual funds are investment that
pools money from different investors to build a portfolio of investments
pools money from one investor to build a portfolio of investments
pools money from different investors for one stock
pools money from one investor for one stock
2
What kind of fees do mutual funds have?
Transaction fees
Management fees
Fund fees
Rate fees
3
Index funds are ____ and have ___ fees
passively managed, lower
passively managed, higher
actively managed, higher
actively managed, lower
4
ETFs are usually designed to track
the market
a stock
volatility
an index
5
What diversification tool enables investors to invest in many stocks & to own a share of a portfolio of stocks?
ETFs
Mutual funds & ITFs
Mutual funds
Mutual funds & ETFs
6
Mutual funds are ____
typically actively managed
typically passively managed
7
What are examples of index funds?
S&P 500
NASDAQ
DJIA
Wall Street
8
Why would you choose ETFs over mutual funds?
Higher fees, more tax efficient, usually just track an index
Lower fees, less tax efficient, usually just track an index
Lower fees, more tax efficient, usually just track an index
Higher fees, less tax efficient, usually just track an index
9
ETFs are ____
typically passively managed
typically actively managed
10
What is an index?
A benchmark used to compare a portfolio's returns
A place to buy and sell stocks
A beginning place to trade stocks
A benchmark used to compare volatility
11
ETF =
every-traded fund
exchange-traded for free
exchange-traded fund
exchange-tracked fund