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100
Funds 103:
Earnings from Mutual Funds
Test your knowledge
Choose wisely. There is only one correct answer to each question.
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Review your answers below to learn more.
1.
A return of capital is a type of what?
Choose wisely. There is only one correct answer.
Earning
Income
Mutual fund share
None of the above
None of the above. Returns of capital are merely your own money returned to you.
2.
Because it is a sum, a total return is positive.
Choose wisely. There is only one correct answer.
True
False
False. If there has been a substantial loss in net asset value, the sum may be negative.
3.
Mutual fund dividends are passed to investors from ______.
Choose wisely. There is only one correct answer.
Fees collected from investors
The earnings of the securities in a fund
IRS dividend accounts
The earnings of the securities in a fund. The fund passes earnings from its portfolio in the form of dividends to its shareholders.
4.
You earn capital gains from your mutual fund shares when you sell them for a profit.
Choose wisely. There is only one correct answer.
True
False
True. Capital gains result from selling your assets that have risen in value.
5.
A mutual fund may assume that you want a dividend reinvestment plan when you open an account.
Choose wisely. There is only one correct answer.
True
False
True. Reinvestment may be a default if you do not select an option.
6.
Mutual funds earn money when investors buy and sell their shares.
Choose wisely. There is only one correct answer.
True
False
False. Mutual funds earn money when their underlying securities earn money.
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DONE