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:

Task Functions

Actions or activities that contribute directly towards achieving the goals and objectives of a team or organization.

Team's Work

The collective effort and activities undertaken by a group of individuals working collaboratively towards a common goal or objective.

Counseling Sessions

Structured meetings between a counselor and client aimed at addressing personal issues, improving emotional well-being, and providing guidance and support.

Maintenance Functions

Activities or roles within a group or organization aimed at preserving social cohesion, motivation, and the well-being of its members.