Equity funds seem to be the most popular type of mutual fund. Would you recommend this type of fund for a person who is close to retirement age? Why or why not?

Would you expect a typical open-end fixed-income mutual fund to have higher or lower operating expenses than a fixed-income unit investment trust? Why?

What type of individuals usually choose to buy into a mutual fund using a front-end load? Explain why it is not free to purchase a mutual fund even if it does not have a load.

Which of the following is an example of direct finance? Select one:investors buy shares in a mutual fundA pension fund manager buys a security in the secondary marketinvestors buy shares in a mutual fundNone of the answers are correctcompany buy security in a secondary market

What type of mutual funds would not be good for long-term investors? Can you find a specific one and explain why it would be a mistake for a long-term investor to buy it?

What is one advantage an ETF has over an open-end mutual fund.

Using Yahoo Finance, find two different mutual funds (such as a growth fund, a growth and income fund, a sector fund, or a bond fund). Compare the funds based on their size, management, risk level, and dividend distributions. Then, determine which of the two funds would be more appropriate.

How does an investor who owns a mutual fund cash out of the fund when he wants his Money? He can sell it throughout the day on the open market. He can redeem it the end of the day with the mutual fund company. He can redeem it throughout the day on the open market He can redeem it with a limit order and sell it anytime.

What is a mutual fund?

Which of the following best describes an index mutual fund? Mutual fund manager based on preset ratio of stocks and bonds. Mutual fund manage based on a person's anticipated year of retirement.  Passively managed fund design to mimic a specific market. Mutual fund that attempts to earn rates of return that exceed the return of the market.