Name the four main types of mutual funds. Describe each type.
What is the difference between measuring a mutual fund’s performance relative to a peer group versus an index?
What is a mutual fund investment objective? Name several peer groups based on investment objectives.
What is an index fund? What is the index that best reflects the whole U.S. stock market?
Explain the differences between active management and passive management.
What are the arguments for and against an index fund? Are these arguments stronger or weaker for funds investing in large-cap U.S. stocks, small-cap U.S. stocks, and foreign stocks?