Question: 13. A__ fund is most typically passively managed? a. Large cap stock fund. b. High Yield bond funds. c. Indexed funds. d. None of the

 13. A__ fund is most typically passively managed? a. Large cap

13. A__ fund is most typically passively managed? a. Large cap stock fund. b. High Yield bond funds. c. Indexed funds. d. None of the above. 14. What is the differerlte between ETF's and other fund structures? a. ETF's trade continually through the day. b. ETF's are usually lower cost than other funds. ETF' do not have a built in sales charge. d. All of the above. C. Chapter 20 15. What type of investors use Hedge Funds? a. High Net Worth (accredited Investors) and institutional investors b. Foreign investors only. C. Corporate Banks only. d. None of the above

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