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Certified Trust and Financial Advisor (CTFA) Questions 156–160 (page: 33)

Updated On: 9-Feb-2026

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QUESTION: 156

The fund's investment objective can be found in:

The prospectus
Statement of omitted information
Letter from the president
Statement of additional information

Answer(s): A

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QUESTION: 157

Large- value funds own.

Large company stocks considered overvalued
Large amounts of value companies
Large company stocks considered under valued
Largely overvalued stocks

Answer(s): C

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QUESTION: 158

specializes in low cost index funds.

Vanguard
Fidelity
T. Rowe Price
Tocqueville

Answer(s): A

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QUESTION: 159

Small-value funds own:

Small company stock considered undervalued
Stocks of small value
Small amounts of value companies
Small company stocks considered overvalued

Answer(s): A

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QUESTION: 160

Loan funds:

Charge extra fees to buy or sell shares
Don't perform as well as no load funds
Invest only in foreign securities
Can't be bought through fund supermarkets

Answer(s): A

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