53. "Balanced" mutual funds: A. offer mixtures of stocks and bonds. B. spread their investments equally over a specified geographic area. C. spread their investments equally over various industries....

53. "Balanced" mutual funds:


A.
offer mixtures of stocks and bonds.
B. spread their investments equally over a specified geographic area.
C. spread their investments equally over various industries.
D. charge a management fee that is proportionate to the investment return.

AACSB: Communication Abilities
Bloom's: Knowledge
Difficulty: Medium
Learning Objective: 2-2

54. Which of the following mutual funds are designed for long-run investment?

A. Balanced funds.

B.
Pension funds.
C. Bond funds.
D. Funds specializing in safe stocks with generous dividend payouts.

AACSB: Reflective Thinking Skills
Bloom's: Understanding
Difficulty: Easy
Learning Objective: 2-2

55. Which of the following mutual funds have a tax advantage?

A. Balanced funds.

B.
Pension funds.
C. Bond funds.
D. Funds that invest in foreign countries.