Which of the following statements about global equity funds is TRUE? O They may invest in all countries including the investment fund manager's home country. O They must invest almost exclusively outside of the Americas O They are always less risky than Canadian equity funds. O They specialize in one or two countries. Terri, 30 years old, is the marketing manager at Provincial Winery with an average annual income of $60,000. Her spouse Yvette, 28 years old, is a project manager with a telecommunications firm earning $70,000 per year. You are helping them to organize their investments and are trying to assess their financial resources. Which of the following is the best question to ask? O Do you have any children? O Do you have pension plans at work? O When do you need the money? What is your investment experience?
Which of the following statements about global equity funds is TRUE? O They may invest in all countries including the investment fund manager's home country. O They must invest almost exclusively outside of the Americas O They are always less risky than Canadian equity funds. O They specialize in one or two countries. Terri, 30 years old, is the marketing manager at Provincial Winery with an average annual income of $60,000. Her spouse Yvette, 28 years old, is a project manager with a telecommunications firm earning $70,000 per year. You are helping them to organize their investments and are trying to assess their financial resources. Which of the following is the best question to ask? O Do you have any children? O Do you have pension plans at work? O When do you need the money? What is your investment experience?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Which of the following statements about global equity funds is TRUE?
O They may invest in all countries including the investment fund manager's home country.
O They must invest almost exclusively outside of the Americas
O They are always less risky than Canadian equity funds.
O They specialize in one or two countries.
Transcribed Image Text:Terri, 30 years old, is the marketing manager at Provincial Winery with an average annual income of $60,000. Her spouse Yvette, 28
years old, is a project manager with a telecommunications firm earning $70,000 per year. You are helping them to organize their
investments and are trying to assess their financial resources.
Which of the following is the best question to ask?
O Do you have any children?
O Do you have pension plans at work?
O When do you need the money?
What is your investment experience?
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