Which hedge fund structure can only accept investment from accredited investors?
(2 Points)
Commodity pool
Closed-end fund
Limited partnership
Principal-protected notes
4.The ………………… method provides a good approximation method for estimating mutual fund returns by assuming a constant rate through the period.
(2 Points)
apples and oranges
Modified Dietz
time-weighted rate of return
daily valuation method
5.What does a mutual fund’s trust deed contain?
(2 Points)
Restrictions regarding the investments the fund may hold
All of these
The fund’s investment policy
The fund’s principal investment objectives
6.The offering price of a fund that has a net asset value (NAV) of $40 per unit and has a 6% sales fee is
(2 Points)
$37.60
$42.55
$40.60
$42.40
8.Which hedge fund structure is similar to a mutual fund, but is not subject to the same investment restrictions, has greater redemption restrictions, and often trades on the TSX?
(2 Points)
Closed-end funds
Limited partnerships
Commodity pool
Principal-protected notes
9.In addressing a perceived issue with a financial institution in Canada, an individual can undertake each of the following options, except:
(2 Points)
request arbitration
complain to the exchange on which the financial institutions shares trade
file a lawsuit
seek assistance from OBSI
10.When a segregated fund is held within an RRSP, the ________ must also be the ________.
(2 Points)
All three parties must be separate individuals
annuitant; beneficiary
beneficiary; contract holder
contract holder; annuitant
12.Which of the four main groups of mutual funds, as classified by the Investment Funds Standards Committee, is considered to be the lowest risk?
(2 Points)
Fixed income funds
Equity funds
PLEASE ANSWER ALL, ITS IMPORTANT
Balanced funds
Cash and cash equivalent funds
