Task 1 ABDBC Task 2 CBDAC Task 3

1. He has been following the roller coaster ride of his stock portfolio and it's driving him mad.

2. Stocks are pretty hard to predict. So she has put her money into hedge funds.

3. A hedge is a way of reducing risk. A hedge fund is a company that creates a stock portfolio that tries to balance the market activity.

4. Analysts examine stocks to assess which ones are likely to go up, and which will likely go down.

5. He says that if he leaves his money with a fund manager, perhaps the manager can trade his stocks in a more profitable way. Viewing and speaking> Task 1

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13)

Your answer

cash easy results pay bills head

26 percent close the deal figures idea plan fine

business guide

Correct answer cash easy results pay bills head

26 percent / 26% close the deal figures idea plan fine

business guide

(14) (15)

(16)

(17)

(18)

(19) voting rights

say

strong point investment 150000 26 percent voting rights say

strong point investment

150,000 / 150000 26 percent / 26%

Unit test

P1 BDCDB P2

(1) (2) (3) (4) (5) (6) (7) Your answer individual owned managed invest ownership shareholders investors Correct answer individual owned managed invest ownership shareholders investors (8) shareholders are often able to own shareholders are often able to own a greater and more diverse number of a greater and more diverse number of stocks than if they invested stocks than if they invested directly in the stock market directly in the stock market (9) the investment management company the investment management company sponsoring the fund issues new sponsoring the fund issues new shares to investors and buys back shares to investors and buys back shares from investors wishing to shares from investors wishing to leave the fund leave the fund (10) The sponsor does not buy back or The sponsor does not buy back or issue shares after a closed-end issue shares after a closed-end fund is launched, so the investor fund is launched, so the investor must trade them through a broker must trade them through a broker P3 CDCAA P4 BCADB CDADB