FIN 9781 MARGIN ACCOUNTS (Economics) SERIES 6 EXAM QUESTIONS AND ANSWERS A.
Foreign stock
âœâ€Ã¢Å“â€Most business out of US. Long term appreciation mostly but some
income focus.
Protected funds
âœâ€Ã¢Å“â€Closed to new contributions for term
- protect original investment
- higher front load fees
Balanced fund
âœâ€Ã¢Å“â€Stocks for appreciation, bonds for income
Asset allocation funds
âœâ€Ã¢Å“â€Stock for growth, bonds for income, cash/money market for stability
Tax free bonds
âœâ€Ã¢Å“â€Municipal bonds or notes
Funds of funds
âœâ€Ã¢Å“â€Only other mutual fund company's.
Funds of hedge funds
âœâ€Ã¢Å“â€Cannot be liquidated readily
-expenses & risks higher
-many not SEC registered