As of 2018, Which Class of Mutual Funds Had the Largest

question 54

Multiple Choice

As of 2018, which class of mutual funds had the largest amount of assets invested?

• A) Equity funds
• B) Bond funds
• C) Mixed asset classes, such as asset allocation funds
• D) Money market funds
• E) Global funds

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Definitions:

Negatively Skewed

A distribution of data where the tail on the left side of the distribution is longer or fatter than the right side, indicating that the bulk of the values lie to the right of the mean.

Distribution

The way in which something is shared out among a group or spread over an area, also used in statistics to describe the spread of values in a dataset.

Kurtosis

A statistical measure that describes the shape of a distribution's tails in relation to its overall shape, indicating the degree of outlier prominence.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.