Chat Whiteboard Recording 496-840-616 Elag f Danica is looking for a mutual fund to hold in her non-registered account that provides a regular stream of income with potential for capital growth. She is having difficulty distinguishing between bond funds and dividend funds. Which of the following statements is TRUE? O The return of dividend funds relies only on interest rates; whereas with bond funds, the return also depends on the general direction of stock markets. O Bond funds receive fixed interest payments from most of their investments. ○ When interest rates rise, the net asset value per unit (NAVPU) of bond funds decreases; whereas with dividend funds it rises. O Bond fund distributions receive more favorable tax treatment than that of dividend funds Flag for Danica is looking for a mutual fund to hold in her non-registered account that provides a regular stream of income with potential for capital growth. She is having difficulty distinguishing between bond funds and dividend funds Which of the following statements is TRUE? O The return of dividend funds relies only on interest rates, whereas with bond funds, the return also depends on the general direction of stock markets. O Bond funds receive fixed interest payments from most of their investments ○ When interest rates rise, the net asset value per unit (NAVPU) of bond funds decreases; whereas with dividend funds it rises. O Bond fund distributions receive more favorable tax treatment than that of dividend funds