单选题 In 10 years, the mutual-fund industry won't even be called that. The term "mutual fund" will be much too confining to encompass(包括) the various types of mixed investment vehicles(手) that will be available to investors around the world. Technology, especially the Internet, will be the most significant driver, affecting every aspect of the mutual-fund industry, from products and delivery to providers and customers.
The future version of today's mutual funds will be available for purchase across the globe by citizens of many nationalities in just about any currency. The average investor will be able to trade bonds as well as stocks with ease 24-hours a day, 365 days a year by using voice-held, satellitelinked PCs. A Brazilian citizen, for example, will be able to buy shares of the Vanguard 500 Index Fund in London at midnight, using its price in New York at 02:00 Greenwich Time, to be settled in Japanese yen.
With the vast amount of information and instantaneous (瞬间) service available to investors through the Internet, the merits of an investment product will drive its consumption. Investment products in the next decade will come in finer shades of investment objectives. Demand for investment products will be huge around the world. In the United States, there has been considerable discussion of the impact that maturing baby boomers will have on financial markets and levels of investment. The subsequent Generation X and Internet Generation groups are very likely to pick up any slack (呆滞,萧条) due to disinvestment by boomers, and on their own, elevate investment to a new level by 2008. Generation X'ers(新生的一代人) appear to be more highly motivated to invest than the boomers, while the Net Generation' s comfort level with technology will stimulate investment as well.

单选题 Which of the following is NOT true according to the passage?
【正确答案】 C
【答案解析】这是一篇说明加评论的文章。文章谈论“互助基金工业”的前途,因特网对其的影响。这是一道正误判断题,要求我们回答哪一项不符合原文意思。选项A“今后不同国家的居民通过信托资金可在全球购买商品”符合原文意思,从第二段第一句中可得到。选项B“通过因特网投资产品的特点会大大促进该产品的消费”与幸中第三段第一句意思相近。选项D“投资产品在今后十年会越来越符合投资目标”符合文中第三段第二句的意思,故为正确。文中并未提到关于C项的内容。故选择C项。
单选题 The word "settle" (Par
【正确答案】
【答案解析】这是一道词义分析题。从文中第二段最后一句可知settled in Japanese yen,意为“用日元支付”,故选D项。
单选题 It can be inferred from the passage that ______.
【正确答案】 A
【答案解析】这是一道逻辑推断题。文中第一段讲述10年后,信托基金产业会有所发展,各种各样的投资手段对全世界的投资者来说将成为现实。第二、三段详细阐述此问题。故可推断出“投资手段的巨大变化将成为全球经济的特征之一”。故选择A项。
单选题 The best title for this passage might be ______.
【正确答案】 C
【答案解析】这是一道主旨题。该文主要讲述了信托基金产业的特点,后10年的发展、转型方向等。故选择C项。