A:

a) closed-end funds.

b)
private investment funds.

c)
mutual funds.

d)
unit investment trusts.






Answer: B.

Also called hedge funds, these operate in a private, sophisticated market, although they are structurally similar to regulated investment companies.



RELATED FAQS

  1. How do no-load funds typically perform relative to load funds?

    Understand the difference between no-load mutual funds and funds that carry a sales load, and learn which of the two has ...
  2. What are the most popular mutual funds that invest primarily in the insurance sector?

    Understand why investors may be interested in investment opportunities in the insurance sector, and learn which mutual funds ...
  3. How should I use portfolio turnover to evaluate a mutual fund?

    Learn about the turnover rate for mutual funds, and understand the effect higher turnover may have on fund performance and ...
  4. What are the risks involved in a banker's acceptance?

    Learn about the different kinds of college savings accounts, how they can benefit a college saver and how to open these savings ...
RELATED TERMS
  1. Tactical Trading

    A style of investing for the relatively short term based on anticipated ...
  2. Maximum Drawdown (MDD)

    The maximum loss from a peak to a trough of a portfolio, before ...
  3. Gross Exposure

    The absolute level of a fund's investments.
  4. Dividend

    A distribution of a portion of a company's earnings, decided ...
  5. Hedge Fund

    An aggressively managed portfolio of investments that uses leveraged, ...
  6. Sharpe Ratio

    A ratio developed by Nobel laureate William F. Sharpe to measure ...

You May Also Like

Related Articles
  1. Professionals

    5 Signs That You Have a Lousy 401(k) ...

  2. Professionals

    Target Date Funds: More Popular, Cheaper ...

  3. Mutual Funds & ETFs

    Pros & Cons Of Bond Funds Vs. Bond ETFs

  4. Mutual Funds & ETFs

    How Janus Capital Makes Money

  5. Professionals

    Mutual Funds: How Many is Too Many?

Trading Center