A Mutual Fund in Which the Portfolio Is Weighted Exactly

question 48

Multiple Choice

A mutual fund in which the portfolio is weighted exactly like the Standard and Poor's 500 index or any other market measure is called

• A)A stock fund
• B)A balanced fund
• C)An index fund
• D)Market fund

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Definitions:

Immediate Payment

A payment that is required to be made at the time of purchase or transaction.

Political Subdivisions

Entities established under the authority of a larger government, typically used for administrative purposes, such as counties or municipalities.

Debt Obligations

Liabilities or amounts of money that a company or individual owes to lenders or creditors.

Debt Financing

The method of funding a company's operations or expansion by borrowing money, usually through issuing bonds or taking out loans.