Transactions in Shares of the IShares Funds Will Typically Generate

question 40

Multiple Choice

Transactions in shares of the iShares Funds will typically generate tax consequences. This is because

• A)iShares Funds are obliged to distribute portfolio gains to shareholders.
• B)iShares Funds are not allowed to be held in tax-qualified accounts such as IRAs.
• C)iShares Funds feature daily resettlement.
• D)none of the above

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Definitions:

Extensor Muscles

Muscles that work to extend or straighten a joint, opposite to flexor muscles.

Flexed

Bent or tensed, often referring to a muscle position.

Fibula

A long, thin bone located on the lateral side of the tibia in the lower leg, important for stabilizing the ankle and supporting muscles.

Ulna

A bone in the forearm that runs from the elbow to the smallest finger, and when in anatomical position, it is found on the medial side of the forearm.