1. Give one difference between Open-End or Closed-End funds. Which would you rather invest in? 2. In what sort of investment environment would you consider purchasing a REIT? 3. What type of investment company discussed in Chapter 4 is not regulated by the SEC? 4. What is the difference between a front end load and back end load fund? 5. What is your profit or loss in the following scenario? You purchase a fund with an NAV of 14.00 You sell the fund when the NAV is 15.00 You received a capital gains distribution of 0.75 You received an income distributed of 1.00 6. How does the turnover ratio of a fund possibly impact an investor's tax liability? 7. Visit ETF.COM and find an ETF you would consider investing in, describe the fund and why you find it interesting.