Sản phẩm & Rủi roCâu 112 / 398
Under the 75-5-10 test, a mutual fund may call itself 'diversified' if, with 75% of its assets, it invests no more than:
a.10% of assets in any one issuer and owns up to 5% of an issuer's voting stock
b.5% of assets in any one issuer and owns no more than 10% of an issuer's voting stock
c.25% of assets in any one issuer with no voting-stock limit
d.50% of assets in government securities only
Giải thích
To be labeled diversified under the Investment Company Act of 1940, at least 75% of a fund's assets must be invested so that no more than 5% is in any single issuer and the fund owns no more than 10% of any issuer's voting securities. The remaining 25% is unrestricted, giving the fund some concentration flexibility.
Trích dẫn luật: Investment Company Act of 1940Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
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