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NEW QUESTION: 1
The profile of the Invesco Utilities Fund stipulates that 80% of its funds will normally be invested in stocks of firms in utilities-related industries. This suggests that the Invesco Utilities Fund is:
A. an asset allocation fund.
B. a non-diversified investment company.
C. a sector fund.
D. both A and B.
Answer: C
Explanation:
Explanation/Reference:
Explanation: Invesco Utilities Fund profile suggests that the fund is a sector fund, which is a specialized fund that invests mainly in stocks within a specific industry. This does not mean that it is non -diversified.
As long as it is invested in a portfolio of securities with a value exceeding 75% of its assets such that no more than 5% is invested in any one firm and no more than 10% of any firm's voting stock is owned, it is considered to be a diversified management company.
NEW QUESTION: 2
DRAG DROP
Answer:
Explanation:
NEW QUESTION: 3
Which fire class can water be most appropriate for?
A. Class B fires
B. Class C fires
C. Class A fires
D. Class D fires
Answer: C
Explanation:
"Fire Extinguisher Classes
ClassTypeSuppression Material
ACommon combustiblesWater, soda acid (dry powder)
BLiquidsCO2 , Halon, soda acid
CElectricalCO2, Halon"
Pg. 578 Tittel: CISSP Study Guide
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