Question: 42. A fund that is designed to match the performance of the Russell 2000 index is called a(n) Group of answer choices Index fund Block
42. A fund that is designed to match the performance of the Russell 2000 index is called a(n)
Group of answer choices
Index fund
Block fund
Sector fund
Targeted fund
43. These type of funds are passively managed.
Group of answer choices
Index funds
Closed-end funds
Growth funds
Value funds
44. One drawback of investing in mutual funds is the
Group of answer choices
lack of information on the performance of the fund.
annual management fee.
amount required for the initial investment.
lack of liquidity of fund shares.
45. Advantages of mutual funds does not include
Group of answer choices
professional portfolio management
consistent returns in excess of the overall market rate of return
dividend reinvestment
modest capital outlay for investors; investors dont need a lot of money to begin investing.
46. Which of the following is appropriate for risk-tolerant investors preferring maximum capital appreciation over current income?
Group of answer choices
Growth funds
Value funds
Aggressive growth funds
Equity-income funds
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