The Returns Obtained by Investors of Mutual Funds Include the Following

question 67

Multiple Choice

The returns obtained by investors of mutual funds include the following except

• A)interest income earned on assets.
• B)dividend income earned on assets.
• C)capital gains on assets sold by the fund.
• D)capital appreciation in the underlying value of the assets held in the portfolio.
• E)refunds of load charges and management fees.

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Definitions:

Action Spectrum

A graph of the effectiveness of light at specific wavelengths in promoting a light-requiring reaction. Compare with absorption spectrum.

Absorption Spectrum

A graph of the amount of light at specific wavelengths that is absorbed as light passes through a substance. Each type of molecule has a characteristic absorption spectrum. Compare with action spectrum.

Carotenoids

A class of pigments found naturally in plants, algae, and photosynthetic bacteria, important for photosynthesis and providing coloration.

Chlorophylls

A class of green pigments responsible for the absorption of light energy during photosynthesis in plants, algae, and cyanobacteria.