Which Type of Fund Should You Purchase If You Are

question 109

Multiple Choice

Which type of fund should you purchase if you are interested in investing primarily in countries that have relatively new stock markets?

• A)international fund
• B)emerging markets fund
• C)social conscience fund
• D)global fund
• E)sector fund

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Definitions:

Translated Value

The value of a foreign asset, liability, or transaction expressed in the currency of another country after conversion using the appropriate exchange rate.

Functional Currency

The main form of money in the principal economic setting where a business functions and produces cash flows.

Currency Exchange Rates

Exchange rates for currencies dictate how much one currency can be swapped for another, affecting international commerce and investment.

Operating Expense

Expenses incurred through normal business operations, such as rent, utilities, and payroll, excluding costs directly associated with production.