WB 10.3 Mutual Funds

the amount that one share in a mutual fund would be worth

includes foreign stocks that are sold in securities markets throughout the world

mutual fund with unlimited number of shares issued & redeemed by an investment co. at investors request

includes small , innovative companies with total assets of less than $500 million

Stock Mutual fund that provides both steady income and potential growth

There is no advantage to a "load fund."

mutual fund for which you pay a commission.

StockMutual fund that include stocks issued by companies w/long history of paying dividends

Bond mutual fund that provides tax exempt income; outside company insures them against default

A major reason for purchasing a mutual fund is the "professional management."

Mutual Funds are a great investment option for beginner investors with little money.

a fee is charged for withdrawing money for the fund

Stock Mutual fund that seeks to grow money rapidly in short period of time

A mutual fund that does not charge a commission.

Which of the following is not one of the 3 main categories of a mutual fund?

A mutual fund with a fixed number of shares issued

Funds invest in a mix of stocks, bonds or various other types of securities

NAV is calculated by adding fund liabilities to value of funds portfolio, divide result by shares held

A no load fund means the investor will pay a commission.

A fund that generally invests in companies with market values greater than $8 billion