menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 4
  4. Exam
    Exam 16: Investing in Mutual Funds
  5. Question
    Because an Index Fund Is a Mirror Image of a Specific
Solved

Because an Index Fund Is a Mirror Image of a Specific

Question 111

Question 111

True/False

Because an index fund is a mirror image of a specific index, the dollar value of a share in an index fund increases when the index increases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: Joseph Carter is buying shares in a

Q7: Typically,you must invest at least $15,000 to

Q26: When Pete Mills went to withdraw $5,000

Q106: Class C shares, because of their ongoing,

Q107: To purchase shares in an open-end fund,

Q109: What is the most common reason given

Q112: A contingent deferred sales load is a

Q113: A no-load fund is a mutual fund

Q114: There are about _ exchange-traded funds.<br>A) 25<br>B)

Q116: Sloan Richards is buying shares in a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines