Question: QUESTION 75 A client has moderate overall risk tolerance and a return objective of 8.9%. Which of the following mutual funds is most likely by

QUESTION 75

  1. A client has moderate overall risk tolerance and a return objective of 8.9%. Which of the following mutual funds is most likely by itself able to meet the client's objectives?

    a. Global Index Fund with expected return of 8.8% and standard deviation of 22%.

    b. U.S. Broad Index Fund with expected return of 9.1% and standard deviation of 15%.

    c. North American Value Fund with expected return of 9.0% and standard deviation of 23%.

    d. U.S. Tech Index Fund with expected return of 11.4% and standard deviation of 19%.

QUESTION 8

  1. Pacific Fund invests exclusively in Treasury bills and other debt securities with very short-term maturities. Pacific can most likely be characterized as a:

    a. Growth fund.

    b. Fixed-income fund.

    c. Money market fund.

    d. Balanced fun

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