Quiz Ch 04 – Proportion of Hybrid Stock/Bond Funds in 2019
Essentials of Investments
Bodie, Kane, and Marcus
12th Edition
What percentage of funds were hybrid stock/bond funds in 2019 based on assets?
What percentage of funds were hybrid stock/bond funds in 2019 based on assets?
What was the proportionate share of mutual fund assets directed towards equity funds as of 2019?
What criteria must be fulfilled for mutual fund returns to receive pass-through status?
What is the typical spectrum for management fees in open-end and closed-end funds?
Sequence the listed fund categories based on their probable level of risk, from highest to lowest.
How do sponsors of unit investment trusts derive profits?
Which disclosures does the SEC mandate for funds?
What expenses can certain fund managers deduct from fund assets under SEC Rule 12b-1, and what is the maximum annual percentage of the fund’s average net assets allowable for these deductions?
What are the charges deducted directly from fund assets for advertising, brokerage commissions, and sales expenses under SEC rules called?
What does a five-star Morningstar rating indicate in terms of mutual fund performance?