Question

MULTIPLE CHOICE Question 10

When evaluating mutual funds, it is important to know how often a fund manager buys and sells the stocks, bonds, or other assets that make up the fund. The more transactions, the more expenses there are, and these expenses are passed on to the fund's customers. The percentage of a fund's holdings that change or are replaced each year is called the:

Changeover index

Turnover rate

Liquidity ratio

Volatility index

Flux formula

Question 11

Here's a question that requires a little thought: When an employee is automatically enrolled in a retirement savings plan but fails to specify how the savings should be invested, employers would be best fulfilling their fiduciary duty if they placed the employees savings into which of the following types of mutual funds:

Socially responsible

Lifecycle

Midcap

Sector

Aggressive growth

Question 12

This question takes a little bit of thought, too: A church would probably find which of the following types of mutual funds particularly attractive for its investments:

Growth

Socially responsible

Microcap

Gold

Lifecycle

Answer 1

please find below the answers of multiple choice questions based on mutual funds

Question no 10) The percentage of a fund's holdings that change or are replaced each year is called the :Turnover Rate

Question no 11) employers would be best fulfilling their fiduciary duty if they placed the employees savings into which of the following types of mutual funds: Life Cycle

Question no 12) A church would probably find which of the following types of mutual funds particularly attractive for its investments : Gold