Each Individual Mutual Fund Hires an Investment Advisor,generally from the Management

question 9

Multiple Choice

Each individual mutual fund hires an investment advisor,generally from the management company,who oversee the particular fund.How is this advisor paid?

• A)Hourly
• B)Based on a percentage of the commissions charged on an annual basis
• C)Based on a percentage of the total value of the fund on an annual basis
• D)Annually based on the capital gains realized by the fund
• E)None of the above

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Definitions:

Primary Alcohol

An alcohol where the carbon bonded to the OH group is also attached to only one other carbon atom, typically more reactive in oxidation reactions.

Secondary Alcohol

An alcohol with the hydroxyl group attached to a carbon atom that is bonded to two other carbon atoms.

Tertiary Alcohol

Tertiary alcohol is a classification of alcohol in which the hydroxyl group (-OH) is connected to a carbon atom that is in turn connected to three other carbon atoms.

IUPAC Name

The systematic naming of chemical compounds as established by the International Union of Pure and Applied Chemistry, ensuring consistent and universal nomenclature.