CTFA

CTFA practice questions, page 32 of 35, with answer review and explanations.

Question 156

The fund's investment objective can be found in:

  1. The prospectus
  2. Statement of omitted information
  3. Letter from the president
  4. Statement of additional information

Question 157

Large- value funds own__________.

  1. Large company stocks considered overvalued
  2. Large amounts of value companies
  3. Large company stocks considered under valued
  4. Largely overvalued stocks

Question 158

___________ specializes in low cost index funds.

  1. Vanguard
  2. Fidelity
  3. T. Rowe Price
  4. Tocqueville

Question 159

Small-value funds own__________:

  1. Small company stock considered undervalued
  2. Stocks of small value
  3. Small amounts of value companies
  4. Small company stocks considered overvalued

Question 160

Loan funds_________:

  1. Charge extra fees to buy or sell shares
  2. Don't perform as well as no load funds
  3. Invest only in foreign securities
  4. Can't be bought through fund supermarkets