1) Investment Grade Domestic Bonds As bond bears a fixed rate of interest hence Mutual Fund or ETFS can\'t Represent Bonds as an asset class. 2) High Yield Bonds 3) Domestic stock Both are consist of shares and debentures so Mutual Fund or ETFS can\'t Represent them as an asset class. 4) International Stock 6) Energy Similarly ETF and Mutual fund never meet the defination of these 3 asset class so can\'t represent them 7) Commodities 8) Real Estate 5)E merging Market Stock An emerging market fund is a mutual fund or ETF that invests the bulk of its assets in stocks of developing countries. E merging countries are those which are not developed yet in the stage of development i.e. china, india etc. so invetment in these fund brings highest reurn for prospective investor. So ETF and Mutual fund Represents E merging market stock. Solution 1) Investment Grade Domestic Bonds As bond bears a fixed rate of interest hence Mutual Fund or ETFS can\'t Represent Bonds as an asset class. 2) High Yield Bonds 3) Domestic stock Both are consist of shares and debentures so Mutual Fund or ETFS can\'t Represent them as an asset class. 4) International Stock 6) Energy Similarly ETF and Mutual fund never meet the defination of these 3 asset class so can\'t represent them 7) Commodities 8) Real Estate 5)E merging Market Stock An emerging market fund is a mutual fund or ETF that invests the bulk of its assets in stocks of developing countries. E merging countries are those which are not developed yet in the stage of development i.e. china, india etc. so invetment in these fund brings highest reurn for prospective investor. So ETF and Mutual fund Represents E merging market stock..

1. 1) Investment Grade Domestic Bonds As bond bears a fixed rate of interest hence Mutual
Fund or ETFS can't Represent Bonds as an asset class. 2) High Yield Bonds 3) Domestic
stock Both are consist of shares and debentures so Mutual Fund or ETFS can't Represent them
as an asset class. 4) International Stock 6) Energy Similarly ETF and Mutual fund never
meet the defination of these 3 asset class so can't represent them 7) Commodities 8) Real
Estate 5)E merging Market Stock An emerging market fund is a mutual fund or ETF
that invests the bulk of its assets in stocks of developing countries. E merging countries are
those which are not developed yet in the stage of development i.e. china, india etc. so
invetment in these fund brings highest reurn for prospective investor. So
ETF and Mutual fund Represents E merging market stock.
Solution
1) Investment Grade Domestic Bonds As bond bears a fixed rate of interest hence Mutual
Fund or ETFS can't Represent Bonds as an asset class. 2) High Yield Bonds 3) Domestic
stock Both are consist of shares and debentures so Mutual Fund or ETFS can't Represent them
as an asset class. 4) International Stock 6) Energy Similarly ETF and Mutual fund never
meet the defination of these 3 asset class so can't represent them 7) Commodities 8) Real
Estate 5)E merging Market Stock An emerging market fund is a mutual fund or ETF
that invests the bulk of its assets in stocks of developing countries. E merging countries are
those which are not developed yet in the stage of development i.e. china, india etc. so
invetment in these fund brings highest reurn for prospective investor. So
ETF and Mutual fund Represents E merging market stock.