Which of the Following Is True About Mutual Funds

question 69

Multiple Choice

Which of the following is true about mutual funds?

• A)There are five kinds of mutual funds with different investing objectives.
• B)The professional management mutual funds consistently beats the TSX index returns.
• C)Dividends received from their investments are used to pay the fund's expenses.
• D)Dividends, interest and capital gains are distributed to mutual fund unit holders.

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Definitions:

Evangelical Christians

Members of a Protestant movement characterized by its emphasis on the authority of the Bible, the necessity of personal conversion, and the importance of sharing the Christian faith.

Religious Participation

Engagement in activities or practices associated with a particular faith or belief system, including attending services, prayer, and other forms of worship.

Increase

A rise or growth in quantity, size, intensity, or another measure, often indicating a positive trend in context.

Shiva

In Judaism, a week-long period of mourning observed by immediate family members following the burial of a close relative.