All of the following are regulated by the Investment Companies Act of 1940 EXCEPT

By Investopedia AAA
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 are blue-chip stocks similar to mutual funds and exchange-traded funds (ETFs)?

    Understand the primary differences between making investments in blue-chip stocks, mutual funds and exchange-traded funds ...
  2. What does standard deviation measure in a portfolio?

    Dig deeper into the investment uses of, and mathematical principles behind, standard deviation as a measurement of portfolio ...
  3. What are some of the most popular mutual funds for investing in the metals and mining ...

    Explore some of the many mutual fund options available to investors that focus on holdings in the metals and mining sector, ...
  4. What are the most popular mutual funds that give exposure to the forest products ...

    Investing in the forest industry has become an attractive choice for portfolio diversification among a wide range of mutual ...
RELATED TERMS
  1. Historic Pricing

    A method for calculating the value of an asset using the last ...
  2. Steve Cohen

    A trading magnate also referred to as the Hedge Fund King and ...
  3. David Tepper

    A legendary investor who specializes in distressed debt and manages ...
  4. David Einhorn

    Known for his short selling strategy, activist investor David ...
  5. Bear Fund

    A mutual fund designed to provide higher returns when the market ...
  6. Ulcer Index - UI

    An indicator developed by Peter G. Martin and Byron B. McCann ...

You May Also Like

Related Articles
  1. Stock Analysis

    Why This Bond Fund Should Be in Your ...

  2. Stock Analysis

    Is PIMCO's Commodity Strategy (PCRDX) ...

  3. Stock Analysis

    Time to Look at PIMCO's Total Return ...

  4. Economics

    Gary Gordon Positions Your Portfolio ...

  5. Mutual Funds & ETFs

    Position Your ETF Portfolio For Success ...

Trading Center