A Block Trade Is One Which Involves a Minimum of

question 46

Multiple Choice

A block trade is one which involves a minimum of

• A) 1,000 shares.
• B) 5,000 shares.
• C) 10,000 shares.
• D) 100,000 shares.
• E) 1,000,000 shares.

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Definitions:

Performance Rating

An evaluation of the investment performance of a security or portfolio compared to a standard or benchmark.

Morningstar Rating

A system used to rate mutual funds and other investment vehicles based on past performance, risk, and other factors, typically ranging from one to five stars.

Net Asset Value

The net worth of a fund, calculated by subtracting its liabilities from the sum of its assets, commonly associated with mutual and exchange-traded funds.

Closed-end Fund

A type of investment fund with a fixed number of shares that are traded on the stock exchange, unlike mutual funds which continuously offer new shares or buy back existing shares.