问题 单项选择题

Which of the following statements regarding mutual funds is inaccurate()

A. Because closed-end funds are listed on securities exchanges, it is possible to sell shares in such a fund to another investor.

B. An investment company sponsoring a mutual fund must give investors a prospectus each month.

C. CDA/Weisenberger is an example of a professional advisory report that provides each fund, brief history, investment objectives, statistical history, personnel, sales charges and investment performance.

答案

参考答案:B

解析:

Investment companies sponsoring a mutual fund do not give investors a prospectus each month. Closed-end funds trade like stocks in which investors sell shares in one fund to another investor. CDA/Weisenberger is an example of a professional advisory report that provides investment performance history.

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