Question: (i) What are mutual funds? Write short notes on the different types of funds and their distinguishing characteristics. (5 marks) (ii) What are Exchange Traded

(i) What are mutual funds? Write short notes on the different

types of funds and their distinguishing characteristics. (5 marks) (ii) What are

(i) What are mutual funds? Write short notes on the different types of funds and their distinguishing characteristics. (5 marks) (ii) What are Exchange Traded Funds (ETF's)? How do they work? (7 marks) (iii) What are Hedge Funds? How do they work? ( 8 marks) (iv) What is a Hedge? How does hedging work? ( 5 marks) (i) What are mutual funds? Write short notes on the different types of funds and their distinguishing characteristics. (5 marks) (ii) What are Exchange Traded Funds (ETF's)? How do they work? ( 7 marks) (iii) What are Hedge Funds? How do they work? ( 8 marks) (iv) What is a Hedge? How does hedging work? ( 5 marks)

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