Which One of the Following Invests in a Portfolio That

question 27

Multiple Choice

Which one of the following invests in a portfolio that is fixed for the life of the fund?

• A) Mutual fund
• B) Money market fund
• C) Managed investment company
• D) Unit investment trust

---

Definitions:

Internet

A global network of interconnected computers and servers that enables the exchange of data and communication.

Currency Transactions

Financial activities involving the exchange of one nation's currency for another or the movement of money between currencies.

Financial Institutions

Organizations that conduct financial activities, such as banks, credit unions, brokerage firms, and insurance companies, managing monetary transactions and investments.

Federal Law

Laws passed by the national government of a country, which in the case of the United States, includes statutes enacted by Congress that apply to all states.