CFA Practice Question

There are 139 practice questions for this study session.

CFA Practice Question

A closed-end investment company that invests in various types of real estate and/or real estate mortgages is called a:
A. property annuity.
B. real property mutual fund.
C. REIT
Explanation: REITs securitize real estate assets and facilitate indirect investment in real estate market.

User Contributed Comments 3

User Comment
tomalot Are reits closed end?
Inaganti6 YES.
gradyf Is this true now when REITs are an equity investment class?
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