An Index Fund Designed to Mimic the Performance of a Market

question 33

Multiple Choice

An index fund designed to mimic the performance of a market index such as the S&P/TSX 60 Index in which shares are priced and traded on public exchanges and the fund will buy or sell shares directly in large blocks is a(n) :

• A) exchange traded fund.
• B) money market fund.
• C) open-end fund.
• D) closed-end fund.
• E) hedge fund.

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Definitions:

Bystander Effect

The tendency for bystanders in an emergency to help less often and less quickly as the number of bystanders present increases.

Explanations

Statements or accounts that make something clear, helping to understand the reasons or causes behind events or behaviors.

Negative-State Relief

A hypothesis suggesting individuals help others to alleviate their own negative moods or feelings.

Hypothesis

A conjectural statement of the relation between two or more variables. Some hypotheses are explicitly causal in nature, whereas others are noncausal.