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Chapter4 HW - Chapter 4 1 A invests in a portfolio that is...

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Chapter 4 1. A ___ invests in a portfolio that is fixed for the life of the fund. A) mutual fund B) money market fund C) managed investment company D) unit investment trust 2. A ___________________ fund is set up by a partnership of investors who wish to pool their funds. 3. A contingent deferred sales charge is commonly called a ____. 4. Mutual funds perform the function of __________ for their shareholders. 5. The primary measurement unit used for assessing the value of one's stake in an investment company is ___________________. A) Net Asset Value B) Average Asset value C) Gross Asset Value D) Total Asset Value
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