CTFA

CTFA practice questions, page 34 of 35, with answer review and explanations.

Question 166

The number of mutual funds is:

  1. Under 10 thousand
  2. Under 5 thousand
  3. Over 100 thousand
  4. Over 15 thousand

Question 167

Bond funds offer_________:

  1. Zero volatility
  2. Relatively stable income
  3. Superior capital appreciation
  4. No-risk investment

Question 168

Mutual funds make you money through:

  1. Currency appreciation
  2. Tax deductions
  3. income and capital appreciation
  4. Yield

Question 169

The 12b-1 fee covers_____________:

  1. Fund's distribution and advertising cost
  2. Investor education
  3. Fund manager's travel expenses
  4. Brokerage expenses

Question 170

A________ is the time to pay your credit card bill without incurring finance charges.

  1. Time line
  2. Grace period
  3. Overtime pay
  4. Extension