MM Investing: Mutual Funds

Which of the following is both a possible advantage and disadvantage of mutual funds.

This load is designed to discourage early withdrawals

Typically, an investment period is 

Income is gained from a mutual fund through all of these EXCEPT

The safest type of mutual fund is a money-market fund.

When given the choice, you should invest in a load fund.

Most mutual funds are closed-end funds

Shares outstanding are the number of shares held by all investors.

The best document to find all you need to know about a fund.

What is a fee that goes towards the advertising and promotion of a mutual fund?

What type of mutual fund has a fixed number of shares issued initially?

The profit from the sale of an asset, such as stocks, bonds, or real estate is your dividend.

A fund that, once all original shares are issued, can only be traded between investors.

In which investment plan is your income automatically used to buy additional shares of the fund

A fund that is sometimes referred to as an "A" fund.

The investor controls when securities are bought and sold in a mutual fund.

To find the NAV of a fund, subtract liabilties from assets, then divide by shares outstanding

A mutual fund that has no commission fee is referred to as what?

Fees that usually range from 1 to 5 % and are based on how long you own shares of the fund

Which of the following would the riskiest mutual fund investment?

Which fund includes companies listed in the S&P 500 and the DJIA?

A mutual fund with an unlimited number of shares is called a what?

The amount that one share of a mutual fund is worth is referred to as what?

The average load charge on a mutual fund is between 3 and 5 percent.

Payments made to shareholders from the sale of securities in the fund's portfolio are what?

A variety of mutual funds managed by one investment company.

A mutual fund for which you pay a commission every time you buy or sell shares is what?

The commission on a load fund could be as high as 8.5 percent.

Earnings that a mutual fund pays to share holders are referred to as what?

A management fee charged by investment companies ranges from .5 to 1.25% of the funds assets.

A fund that can only be purchased by contacting the investment company that manages the fund

A fund that can be bought and sold on the floors of stock-exchanges and OTC markets

Mutual funds cannot be used for retirement accounts.