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To what type of risk is a high-yield bond fund exposed?
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Default
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Exchange-rate
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Systematic
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Sector
What are the advantages of an exchange-traded fund (ETF) over an index mutual fund?
I. It is better diversified.
II. It charges a lower management expense ratio (MER).
III. It is valued and traded throughout the day.
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I and II, only
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I, II and III
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I and III, only
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II and III, only
What is the range of guarantees on maturity and death benefits on segregated funds?
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50% to 75% of deposits
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50% to 100% of deposits
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90% to 100% of deposits
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75% to 100% of deposits
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