7. (TCO 6) A mutual fund in which the portfolio is weighted exactly like the Sta

Question

7. (TCO 6) A mutual fund in which the portfolio is weighted exactly like the Standard and Poor's 500 Index or any other market measure is called (Points : 4)
a stock fund.
a balanced fund.
an index fund.
a market fund.


8. (TCO 6) An advantage to investing in foreign markets is (Points : 4)
diversification.
that it is easy to profit from foreign currency exchange.
that there is more potential to profit from foreign markets than domestic markets.
that there is less risk involved in investing in foreign markets.

Explanation / Answer

a balanced fund. diversification

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