Phyllis Payne Is Buying Shares in a Mutual Fund That

question 15

Multiple Choice

Phyllis Payne is buying shares in a mutual fund that invests in companies with a long history of paying a dividend. What type of mutual fund is she buying?

• A) Aggressive growth fund
• B) Equity income fund
• C) Global fund
• D) International fund
• E) Regional fund

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Definitions:

Genetic Variation

The natural differences in genes among individuals of a species.

Racial Categories

Classifications of humans based on shared physical or social qualities into groups generally viewed as distinct within a given society.

Arbitrary Manner

A way of deciding or acting that is not based on system or plan, but instead on random choice or personal whim.

Malay

Pertains to a major ethnic group within Southeast Asia, primarily found in Malaysia, Indonesia, Singapore, Brunei, and Thailand, or the Austronesian language spoken by them.