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strQuizTitle=MUTUAL FUND TEST #1

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[Question1]
Question=Which of the following is a reason for investing in mutual funds?
AnswerA=Investing in mutual funds lowers transaction costs.
AnswerB=Professionals have been better able to beat the market than individual investors.
AnswerC=Mutual Funds have higher taxes.
AnswerD=Mutual funds have historically beaten the market.
AnswerE=All of the above
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[Question2]
Question=Peter Lynch ran which mutual fund?
AnswerA=Berkshire Hatheway
AnswerB=Fidelity Magellan
AnswerC=Vanguard Windsor II
AnswerD=Tiger Fund
AnswerE=VAnguard Index 500
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[Question3]
Question=Mutual funds are _____.
AnswerA=growing in popularity
AnswerB=a means that allow small investors easy access to diversification.
AnswerC=generally allow reinvestment of dividends.
AnswerD=often have smaller "minimums" for retirement accounts.
AnswerE=all of the above
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[Question4]
Question=Which of the following is true?
AnswerA=Small-firm funds generally have lower expsense ratios.
AnswerB=Tax-managed funds tend to have fewer transactions so subsequenally, lower capital gains.
AnswerC=Due to diversification, international funds generally have lower expense ratios.
AnswerD=Large mutual funds may have difficulty in rapidly buying or selling the desired number of shares.
AnswerE=all of the above are tue,
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[Question5]
Question=Whch of the following are correct?
AnswerA=There are more closed-end funds than their are open-ended funds.
AnswerB=The number of shares in an open-ended is constantly changing.
AnswerC=Open-ended funds can have back-loads or front-loads.
AnswerD=Index funds are examples of passive investment funds.
AnswerE=All of the above are true.
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