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Exam Series 7 All Questions

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Exam Series 7 topic 1 question 296 discussion

Actual exam question from FINRA's Series 7
Question #: 296
Topic #: 1
[All Series 7 Questions]

The term "mutual fund" is popularly used for which of the following?

  • A. all investment companies
  • B. pension funds
  • C. open-end investment companies
  • D. closed-end investment companies
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Suggested Answer: C 🗳️
open-end investment companies. The term is generally applied to open-end investment companies.

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