更多"[单选题]There must be individual ( "的相关试题:
[单选题] Mutual funds
A. pool the resources of many small investors by selling these investors shares and using the proceeds to buy securities.
B. allow small investors to obtain the benefits of lower transaction costs in purchasing securities.
C. provide small investors a diversified portfolio that reduces risk.
D. do all of the above.
E. do only A and B of the above.
[简答题] Mutual funds are regulated under four federal laws designed to protect investors.
[简答题] Money market mutual funds originated when the brokerage firm Merrill Lynch offered its customers an account from which funds could be taken to purchase securities and into which funds could be deposited when securities were sold.
[单选题] Mutual fund companies frequently offer a number of separate mutual funds called ________.
A. indexes
B. complexes
C. components
D. actuaries
[单选题] Conflicts arise in the mutual funds industry because ________ cannot effectively monitor ________.
A. investment advisers; directors
B. directors; shareholders
C. shareholders; investment advisers
D. investment advisers; stocks that will outperform the overall market
[单选题] Banks, savings and loan associations, mutual savings banks, and credit unions
A. are no longer important players in financial intermediation.
B. have been providing services only to small depositors since deregulation.
C. have been adept at innovating in response to changes in the regulatory environment.
D. all of the above.
E. only A and C of the above.
[单选题] The advantage of mutual funds is that they
A. require no cash up front.
B. give investors with relatively small amounts of cash to invest access to large-denomination securities.
C. always yield the highest returns.
D. both A and B of the above.
[简答题] A mutual fund is not a depository institution.
[单选题] Mutual funds offer investors all of the following except
A. greater-than-average returns.
B. diversified portfolios.
C. lower transaction costs.
D. professional investment management.
[单选题] Most mutual funds are structured in two ways. The most common structure is a(n. ________ fund, from which shares can be redeemed at any time at a price that is tied to the asset value of the fund. A(n. ________ fund has a fixed number of nonredeemable shares that are traded in the over-the-counter market.
A. closed-end; open-end
B. open-end; closed-end
C. no-load; closed-end
D. no-load; load
E. load; no-load
[单选题] The majority of mutual fund assets are now owned by
A. individual investors.
B. institutional investors.
C. fiduciaries.
D. business organizations.
E. retirees.
[单选题] The net asset value of a mutual fund is
A. determined by subtracting the fund's liabilities from its assets and dividing by the number of shares outstanding.
B. determined by calculating the net price of the assets owned by the fund.
C. calculated every 15 minutes and used for transactions occurring during the next 15-minute interval.
D. calculated as the difference between the fund's assets and its liabilities.
[单选题] At the beginning of 2013, mutual funds held about ________ of the U.S. stock market was held by mutual funds.
A. 30%
B. 50%
C. 10%
D. 70%
[单选题] A deferred-load mutual fund charges a commission
A. when shares are purchased.
B. when shares are sold.
C. both when shares are purchased and when they are sold.
D. when shares are redeemed.
[简答题] Among the investors in mutual funds, only about 25% cite preparing for retirement as one of their main reasons for holding shares.
[单选题] The origins of mutual funds can be traced back to the mid to late 1800s in ________.
A. England and Scotland
B. New York City
C. Boston
D. Germany
[单选题] Over the past twenty years, mutual fund fees have ________, largely because ________.
A. fallen; SEC fee disclosure rules have led to greater competition
B. risen; investors have learned that funds with high fees provide better performance
C. risen; there has been collusion between large mutual fund companies
D. fallen; advances in information technology have lowered transaction costs
[简答题] Open-end mutual funds are more common than closed-end funds.
[简答题] The net asset value of a mutual fund is the average market price of the stocks, bonds, and other assets the fund owns.
