Unit 5: Other Investment Vehicles

Question 1

529 Plans

1) What are 529 Plans? What are the 2 different 529 plans available?

Question 2

LGIPs and ABLE Accounts

1) What are LGIPs?

2) What are ABLE accounts?

Question 3

Direct Participation Programs (DPPs)

1) What are direct participation programs (DPPs)?

2) What are the 2 broad categories of partnerships? What are their differences?

3) What are the 2 different kinds of partners in a limited partnership? What are the differences between the two?

4) What are the dissolution opportunities for Limited partnerships? (Private Held and Public Offering)

5) What are two types of Limited Partnerships in DPPs?

Question 4

REITs

1) What are REITs? What are the 3 types of REITs?

2) How are public REITs different from private REITs?

Question 5

Hedge Funds

1) What are hedge funds? How are they structured?

2) What are strategies like for most hedge funds?

Question 6

ETFs and ETNs

1) What are ETFs? How are they different from open-end mutual funds? What are the pros and cons of owning ETFs when compared to open end mutual funds?

2) What are ETNs? How are they structured?