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Mutual Funds Q&A Quick Test Question #1: Which of the following is not true of mutual funds? A. They can provide diversification even for small portfolios. B. Loads on funds can be as little as 1% or as much as 6%. C. They provide maximum control for the investor who wants to make his own investment decisions. D. They provide convenience to the investor. Question #2: An index fund: A. Invests in a specific sector of the market. B. Usually has higher expense ratios. C. Is always keyed to a domestic stock index such as the Standard & Poor's 500 Index. D. Is designed to track as closely as possible one or more stock or bond indexes. AIG VALIC is the marketing name for the family of companies comprising VALIC Financial Advisors, Inc.; VALIC Retirement Services Company; VALIC Trust Company; and The Variable Annuity Life Insurance Company (VALIC); members of American International Group, Inc. < PREVIOUS NEXT COURSE > #38599