Your First Task in Selecting a Mutual Fund Is to

question 39

Multiple Choice

Your first task in selecting a mutual fund is to

• A)review your investment policy.
• B)eliminate funds inappropriate for your investment goals.
• C)locate sources of comparative performance data.
• D)screen and compare funds that meet your investment criteria.

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Definitions:

Sawmill

A facility where logs are cut into lumber by machine, converting raw timber into boards and other forms of wood usable for construction.

Local Residents

People who live within a particular area or locality.

Pollution Permits

A system where companies are given allowances to emit a certain amount of pollutants, with the option to buy or sell permits based on their needs.

Pollution Rights

Tradable permits or certificates that allow the holder to emit a specific amount of pollution; used to regulate and limit overall pollution.