When a Mutual Fund Has More Than One Class (A,B,C,for

question 87

True/False

When a mutual fund has more than one class (A,B,C,for example) it means that each class has a different group of securities in its investment portfolio.

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Definitions:

Mechanical Action

The physical movement or force applied by machinery or mechanical components to perform a function.

Vehicle Brake System

A mechanism in a vehicle that enables it to slow down or come to a complete stop.

Variance

A statistical measurement of the dispersion between numbers in a data set, indicating how much the numbers differ from each other and from the mean.

Squared Deviation

The squared difference between each data point and the mean, used in statistical analysis to measure variance.