A Mutual Fund Designed for Investors Who Are Looking for a Tax-Efficient

question 18

Multiple Choice

A mutual fund designed for investors who are looking for a tax-efficient income stream without trading in capital gains is called a(n) __________ fund.

• A)closed-end
• B)T-series
• C)exchange-traded
• D)index
• E)convertible

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Definitions:

Transdermal

Through the skin.

Subcutaneous

Pertaining to or situated under the skin.

Intrathecal

Refers to the administration of medication or other substances directly into the space under the arachnoid membrane of the spinal cord.

Intramuscular

A technique for delivering drugs deep into muscle tissue to facilitate rapid absorption into the circulation system.