FIN 9781 MARGIN ACCOUNTS (Economics) SERIES 6 EXAM QUESTIONS AND ANSWERS RATED A.

Foreign stock
✔✔Most business out of US. Long term appreciation mostly but some
income focus.
Protected funds
✔✔Closed to new contributions for term
- protect original investment
- higher front load fees
Balanced fund
✔✔Stocks for appreciation, bonds for income
Asset allocation funds
✔✔Stock for growth, bonds for income, cash/money market for stability
Tax free bonds
✔✔Municipal bonds or notes
Funds of funds
✔✔Only other mutual fund company's.
Funds of hedge funds
✔✔Cannot be liquidated readily
-expenses & risks higher
-many not SEC registered

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