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$4.$ Financial institutions

Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institutions as investment banks, commercial banks, financial services corporations, credit unions, pension funds, life insurance companies, mutual funds, exchange traded funds, hedge funds, and private equity companies play a key role in facilitating these transfers.

Identify the financial institution based on each description given in the following table:

Financial Institution

Description

They underwrite, distribute, and design investment securities for corporations to help them raise capital.

They are owned by members so that members can share funds among themselves. Members who save deposit the funds. These funds are then loaned to members who need the funds.

They are a pool of assets that trade like stocks on an exchange. They track a group of stocks, such as all stocks in an index or stocks of companies in emerging markets.

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