Has lower management fees than an actively managed

This preview shows page 2 - 4 out of 4 pages.

Has lower management fees than an actively managedfundAll of the above
Question 5 1 out of 1 pointsWhen looking for the overall cost of holding a mutual fund you should look for its:
Question 6 1 out of 1 pointsIt's February 23 and the markets have just closed. Shirley Stockman works for Mutual Funds of Ontario and she is in charge of calculating the fund's unit price at the end of each trading day. It turns out that the value of the
portfolio currently sits $45,000,000. There are 4,500,000 units outstanding.What should Shirley calculate as the price of each unit of the mutual fund?
Question 7 1 out of 1 pointsMutual funds’ mainbenefit is based on which financial concept?
Question 8 1 out of 1 pointsThe main difference between a hedge fund and a mutual fund is:Answers: Hedge funds do not pool money from investors; mutual funds doHedge funds pool money from small investors; mutual funds do notMutual funds are closely regulated; hedge funds are notHedge funds can trade commercial paper; mutual funds can't
Question 9 1 out of 1 pointsThe main complaint(s) about hedge funds is/are:
Question 10 1 out of 1 pointsThe prospectus is…

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture