History > EXAM > IFSE - CIFC - Unit 6 Test Questions & Answers | 40 Questions with 100% Correct Answers | Verified (All)
Where and when was the first mutual fund created? - ANS - Netherlands late 1700s After the Netherlands, to which countries did mutual funds spread? - ANS - England, France, USA (1800s) When was the... first open-end mutual fund created in the USA? - ANS - 1924 When was the first Canadian mutual fund established (CI Canadian Investment Fund)? - ANS - 1932 Which years in mutual fund history had huge economic downturns? - ANS - 2002 and 2008 [Show More]
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