Mutual Funds

question 81

Multiple Choice

Mutual funds

• A)are unregulated.
• B)are required to disclose the names of their portfolio managers in the prospectus.
• C)are not required to disclose any information about  their past performance.
• D)are exempt from all taxes.

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Definitions:

Foreign Competition

The presence and influence of international companies in domestic markets, challenging local businesses.

Natural Monopolies

A market structure where a single firm can supply a product or service more efficiently than any potential competitor, often due to high infrastructure costs or other barriers to entry.

Regulatory Commissions

Government agencies responsible for enforcing specific regulations to protect public interest in various sectors.

Contain Costs

Strategies or measures implemented to prevent expenses from rising or to reduce them.