1. How does the risk of short-term funds differ from that of long-term funds? 2.

1. How does the risk of short-term funds differ from that of long-term funds? 2. What are the economic reasons for the existence of mutual funds? 3. What are the principal demographics of household owners of mutual funds? 4. What change in regulatory guidelines occurred in 1998 that had the primary purpose of giving investors a better understanding of the risks and objectives of a mutual fund?

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