Packaged Products Flashcards

1
Q

3 Types of Investment Companies

A
  1. Face Amount Certificate
  2. UIT
  3. Management Company
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Management Company
Open End

A

Mutual Fund

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Management Company
Closed End

A

Publicly Traded Fund

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

UIT
Fixed

A

Fixed Trust

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

UIT
Non Fixed

A

Variable Annuity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly