Series 6 - Investment Company And Variable Contracts Products Representative Exam
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Which type of fund buys securities of companies that may benefit from a change within the company or the economy?
Growth and income fund
A
Core fund
B
Aggressive growth fund
C
Special situations fund
D
Explanations
A special situations fund buy securities of companies that may benefit from a change within the company or in the economy. Takeover candidates and turnaround situations are common investments.