Questions December 4th, 2022 Question 1 What are Unit Investment Trusts? What is their role? How they function? Give examples. Question 2 What are “Managed Investment Companies”? How many types? How they function? Give examples. Question 3 What is the role of Real Estate Investment Trusts? How they are important? How they function? Question 4 Hedge funds? What is the role of hedge funds? How they function? How important they are in an economy? How many types? Give examples and explain. Question 5 Index funds? What is the role of index funds? Explain their functioning mechanisms. Give examples and explain. Question 6 The costs of investing in mutual funds: Explain the fee structure, operating expenses, front-end load and back-end load, and 12b-1 charges. Question 7 What are Exchange-Traded Funds (ETFs)? Explain the rationale underlying the functioning of ETFs. Question 8 What are private equities? Where they invest? What are their characteristics and how they function? 1