A Mutual Fund That Requires Investors to Make Regular Purchases

question 145

Multiple Choice

A mutual fund that requires investors to make regular purchases over a specified period of time is called a:

• A)regular account.
• B)voluntary savings plan.
• C)contractual savings plan.
• D)minimum withdrawal plan.
• E)free contract plan.

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Definitions:

Receiver

In communication, the individual or entity that interprets and understands the message sent by the sender.

Communicated

The process of conveying information, feelings, or instructions through speech, writing, signals, or other forms of interaction.

IMC Communication Process

Integrated Marketing Communications process; the approach of coordinating and integrating all marketing communication tools, avenues, and sources within a company into a seamless program to maximize the impact on consumers at the lowest cost.

Originates

To begin, arise, or be created from a specific source or point.