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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