A question you should ask before purchasing a stock
What is ?
100
Name for the amount you're lending and expect to be paid back
What is Par Value
100
Balanced mutual funds contain a combination of ____ and ____
What is Stocks and Bonds
100
The goal of an active fund manager is to ____ the market
What is Beat
100
Fees capped at 1 percent o your assets in the fund, taken out of the fund's assets to pay or the cost or marketing and selling the fund
What is 12b-1 Fees
200
Divide current price of a stock by its earnings per share to get the ________
What is Price-to-Earnings Ratio
200
Type of bonds issued by local governments to supplement tax revenues or to pay for public projects
What is Municipal Bonds
200
You can find all the details about a mutual fund - including investment strategy, risk profile, performance history, management and fees - in a document called the ______
What is Prospectus
200
Index funds are passively managed, They seek to _____ the performance of their benchmarks (such as S&P 500) instead of outperforming them
What is Replicate
200
The fees you're charged for moving your money from one fund to another fund offered by the same investment company
What is Exchange Fees
300
_____ brokerage firms provide research as well as trade executions and may offer customized portfolio management
What is Full Service
300
It's important to research a bond issuers' ____ risk
What is Credit Risk
300
When a mutual fund's stocks or bonds pay income from dividends or interest, the payments to shareholders are know as _______________
What is Income Distributions
300
Type of mutual fund that invests in stocks that regularly pay dividends
What is Equity Income Funds
300
When you buy mutual fund shares, you might have to pay sales charges, called ____
What is Loads
400
The investing strategy that involves keeping an investment over an extended period, anticipating that the price will rise over time
What is Buy and Hold
400
Bond interest payments are called the bond's _____
What is Coupon
400
When the mutual fund has capital gains from selling investments in its portfolio at a profit, the payment to shareholders is called _________
What is Capital Gains Distributions
400
Mutual funds that change their investments over time to meet goals you plan to reach at a specific time, such as retirement
What is Target-Date Funds
400
Class A shares have a _____ load, which is a commission you pay at the time you buy the shares
What is Front-End Load
500
When you buy stocks on margin, you ____ part of the cost of the investment
What is Borrow
500
One popular way to manage one aspect of interest rate risk - the risk that your bond will mature when rates are low and you'll have to buy new bonds paying lower yield - is to stagger ______ of your bonds
What is Maturity Dates
500
A ____ mutual fund is managed by professionals who decide which underlying investments to choose for its portfolio
What is Actively Managed
500
Mutual funds that invest in short-term debt, such as Treasury bills
What is Money Market Funds
500
___-end funds create new shares to meet demand for increased sales and buy back shares from investor who want to sell