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
-
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
-
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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
