What is a mutual fund?

Mutual Fund Quiz

Quiz
•
Mathematics
•
11th Grade
•
Hard
Susan Dixon
FREE Resource
26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of investment where investors pool money to buy securities
A savings account with a fixed interest rate
A loan given to a corporation
A type of insurance policy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the net asset value (NAV) of a mutual fund calculated?
Assets - Liabilities + Number of outstanding shares
Assets + Liabilities - Number of outstanding shares
(Assets - Liabilities) / Number of outstanding shares
(Assets + Liabilities) / Number of outstanding shares
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a mutual fund prospectus?
To provide a list of all investors in the fund
To outline how the fund operates and its goals
To predict future stock market trends
To offer tax advice to investors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of mutual fund invests in stocks that pay regular dividends?
Money Market Fund
Growth Fund
Income Fund
Value Fund
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is dollar-cost averaging?
Investing a lump sum all at once
Dividing your investment over time
Selling all investments during a market peak
Buying only high-risk stocks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does ETF stand for?
Exchange-Traded Fund
Equity-Traded Fund
Electronic-Traded Fund
Economic-Traded Fund
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common stockholder entitled to receive?
Dividends
Interest
Bonds
Commodities
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