Home > Funds > Intermediate
Funds Intermediate: Growth Mutual Funds

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
What is the objective of growth mutual funds?
Choose wisely. There is only one correct answer.
To grow over time. The objective of growth funds is to grow in value over time. Providing income is not a priority.
2.
The Acme Internet Enterprise Fund, which is an up-and-coming Internet mutual fund, is likely to be a sector fund.
Choose wisely. There is only one correct answer.
True. According to its name, it invests in one area of the marketthe Internet.
3.
Which of the following terms is not likely to be found in the name of a growth mutual fund?
Choose wisely. There is only one correct answer.
"Income." Growth funds do not pay enough income to warrant the use of a word like "income" in their names.
4.
Stocks that sell below their worth are called _______ stocks.
Choose wisely. There is only one correct answer.
Value. Stocks that managers believe are selling for less than they are worth are called value stocks.
5.
The performance of a growth mutual fund depends upon the _______ of the securities it contains.
Choose wisely. There is only one correct answer.
Performance. A fund is only as good as the investments it contains.