AFP
CTP · Question #206
(Topic 3) Which of the following is a characteristic of MOST mutual funds?
The correct answer is B. The value of shares fluctuates with the performance of underlying securities. See the full explanation below for the reasoning.
Question
- (Topic 3)
Which of the following is a characteristic of MOST mutual funds?
Options
- AShares are primarily held by corporations and pension funds.
- BThe value of shares fluctuates with the performance of underlying securities.
- CFunds are insured by the FDIC.
- DShares may be traded on the NYSE.
How the community answered
(49 responses)- A8% (4)
- B73% (36)
- C14% (7)
- D4% (2)
Community Discussion
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