WB 10.3 Mutual Funds

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

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

mutual fund for which you pay a commission.

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

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

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

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

There is no advantage to a "load fund."

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

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

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

a fee is charged for withdrawing money for the fund

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

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

A mutual fund with a fixed number of shares issued

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

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

A mutual fund that does not charge a commission.

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

Stock Mutual fund that provides both steady income and potential growth