The Following Is True About Hospices

question 5

Multiple Choice

The following is true about hospices:

• A)They do not serve patients in hospitals or nursing homes.
• B)They do not give pain relievers to patients.
• C)They try to keep people alive as long as possible.
• D)They provide a variety of services, including respite care.

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Definitions:

Expense Ratio

The annual fee that all mutual funds and ETFs charge their shareholders, expressed as a percentage of the fund's average net assets.

NAV

Net Asset Value, the per-share value of a mutual fund or ETF, calculated by dividing the total value of all the securities in the portfolio, minus liabilities, by the number of shares outstanding.

Front-end Load

A commission or sales charge applied at the time of the initial purchase of an investment, usually used in mutual funds.

Back-end Load

A fee paid by an investor when shares are sold, typically used in mutual funds, where the fee decreases over time the investment is held.