Free Series 6 Practice Test – Try Now

🎯 Free Series 6 Practice Test – Try Now

Are you preparing for the Series 6 exam? Testing your knowledge with practice questions is one of the most effective ways to reinforce your understanding and improve your exam performance. Here’s a set of free practice questions designed to help you assess your readiness for the Series 6 exam.

🧠 Practice Questions:

1. Which of the following securities are NOT typically sold by a Series 6 license holder?

A) Mutual funds
B) Stocks
C) Variable annuities
D) Unit investment trusts (UITs)

2. Which of the following best describes a mutual fund’s NAV (Net Asset Value)?

A) The price at which the fund is sold to investors.
B) The total market value of the fund’s assets minus liabilities, divided by the total number of shares outstanding.
C) The fee charged by the fund to investors.
D) The total dividend paid by the fund during a fiscal year.

3. What is the maximum sales charge that can be assessed on a mutual fund according to FINRA rules?

A) 5.75%
B) 7.5%
C) 8.5%
D) 10%

4. Which of the following is true regarding a variable annuity?

A) It guarantees a fixed monthly income for life.
B) It provides income payments that vary based on the performance of the underlying investments.
C) It is a low-risk, tax-deferred investment with no fees.
D) It is not subject to market risk.

5. The “breakpoint” in a mutual fund purchase refers to:

A) The minimum amount an investor must invest to receive a discount on the sales charge.
B) The maximum amount an investor can invest before a penalty is imposed.
C) The average price at which shares of the mutual fund trade.
D) The time period in which a mutual fund can be redeemed without a fee.

📈 How to Use This Practice Test:

• Test your knowledge: Take the test without looking up answers to gauge where you stand.
• Review your answers: After taking the test, go over the correct answers and study the concepts behind them.
• Focus on weak areas: Identify which topics you need to revisit and study more thoroughly.

📅 Get More Practice Questions

For comprehensive Series 6 exam prep, you can access full-length practice exams, study guides, and more. Keep practicing to ensure you’re fully prepared for the exam day.

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Good luck on your Series 6 exam! 💼📊