Financial Service Representative Interview Questions and Answers

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities.

• Mutual funds are managed by professional fund managers.

• Investors buy shares of the mutual fund, which represent their ownership in the fund's assets.

• Mutual funds offer diversification, as they invest in a variety of stocks, bonds, or other securities.

• They provide an opportunity for small investors to access professionally managed portfolios...read more

Financial markets are platforms where buyers and sellers trade financial assets such as stocks, bonds, currencies, and commodities.

• Stock market: where shares of publicly traded companies are bought and sold

• Bond market: where debt securities are traded

• Foreign exchange market: where currencies are bought and sold

• Commodity market: where raw materials or primary agricultural products are traded

• Derivatives market: where financial contracts derive their value from an underlying ass...read more