Rank the Following Fund Categories from Most Risky to Least

question 25

Multiple Choice

Rank the following fund categories from most risky to least risky:
I. Equity growth fund
II. Balanced fund
III. Sector fund
IV. Money market fund

• A) IV, I, III, II
• B) III, II, IV, I
• C) I, II, III, IV
• D) III, I, II, IV

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Definitions:

Probate Court

A specialized court with authority over matters related to the deceased’s estate, including distribution of assets and wills.

Bailment

describes a legal relationship in which one party temporarily relinquishes possession but not ownership of a piece of property to another party under agreement.

Carport

A covered structure used to provide limited protection to vehicles, primarily from rain and snow, which unlike a garage, is open on two or more sides.

Liable

Refers to being legally responsible for something, usually implying a duty to make restitution for harm or damage caused.