You Want to Purchase Shares in a Fund and Also

question 67

Multiple Choice

You want to purchase shares in a fund and also ensure that your money does not support firms that harm the environment.Which type of fund should you purchase?

• A) international fund
• B) income fund
• C) tax-managed fund
• D) index fund
• E) social conscience fund

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Definitions:

Tax-deferred Retirement Plans

Savings plans that allow individuals to postpone paying taxes on income invested until it is withdrawn, typically during retirement.

Distributions

Payments made from a fund or account, usually referring to dividends, interest, or withdrawals.

Beneficiaries

Individuals or entities designated to receive assets from an estate, trust, account, or insurance policy upon the owner's death.

Annuity

An annuity is a financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.