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Exam (elaborations)
Financial Markets and Institutions- Final Exam Questions with Answers
Financial Markets and Institutions- Final Exam Questions with Answers 
Chapter 12 - correct answers Mutual Funds 
 
LONG TERM FUNDS (capital markets) - correct answers-Equity funds (Invest only in stocks) 
-Bond funds (invest in the bond market) 
-Hybrid funds (invest in a combination of stocks and bonds) 
-Index funds (so formulated that the mimic the performance of an index) 
-Exchange-traded funds (a fund whose shares are listed on the stock exchange) 
 
SHORT TERM FUNDS - correct answers M...