SIE practice questionmediumREITs
A hybrid REIT combines the features of which two types of REITs?
- AOpen-end and closed-end
- BEquity and mortgage✓ Correct answer
- CDomestic and international
- DFund of funds and index funds
Explanation
Why B — Equity and mortgage
Hybrid REITs combine equity (real estate ownership) and mortgage (real estate lending) features. The other options are not types of REITs.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Investment Companies & Packaged Products questions
- Which is NOT a feature of most publicly traded REITs?
- Which of the following best describes an equity REIT?
- Which investor benefit is provided by mutual fund automatic reinvestment of dividends?
- Upon maturity, a unit investment trust (UIT) typically:
- A key risk of variable annuities compared to fixed annuities is:
- A distinguishing characteristic of a unit investment trust (UIT) compared to a mutual fund is that a UIT:
- Which is a qualified expense for a 529 savings plan distribution?
- Why might an investor choose an index ETF over an actively managed mutual fund?