The Actual Ownership of a Mutual Fund Is in the Hands

question 6

Multiple Choice

The actual ownership of a mutual fund is in the hands of the:

• A)management company.
• B)custodians.
• C)shareholders.
• D)distributors.
• E)money manager.

---

Definitions:

Eisenhower Administration

The presidency of Dwight D. Eisenhower, the 34th President of the United States, from 1953 to 1961, noted for its moderate conservative stance and significant infrastructure projects like the Interstate Highway System.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes in governmental or organizational settings.

Native Americans

The first peoples of the Americas, including various tribes, nations, and ethnic groups, who lived in the United States before European colonization.

Prosperity

A state of economic growth and success, marked by high levels of income, employment, and production.