ESL go.com's "mutual fund indexing" grammar and reading class
First, read this short excerpt from an article about mutual funds. The relative clauses are bold. Then click on "start quiz" and try to answer some true/ false questions which contain the grammar.
Is Indexing Still Smart?
Retreived from http://biz.yahoo.com/fool/031015/1066241520_1.html on 10/17/2003
By R. Brokamp
Using Morningstar's Fund Screener, we learn that the average 10-year return of domestic stock funds was 8.19% vs. the S&P 500's 10.04%. That's a significant margin of outperformance.
However, that still leaves more than a handful of funds that managed to beat the index over the past decade. Of the 1,314 domestic stock funds with 10-year histories in the Fund Screener database, 135 no-load (i.e., commission-free) funds beat the S&P 500 by a percentage point or more, 51 outperformed by three percentage points or more, and the top 25 beat it by four percentage points or more. Ironically, the No. 1 fund came from the company that created index investing: Vanguard. Its Health Care Fund posted a 10-year average annual return of 19.98%.
Grammar:We use relative clauses to give extra information in one sentence. For example:
There are 135 mutual funds. They beat the S&P 500 by 1% or more. OR There are 135 mutual funds that beat the S&P 500 by a percentage point or more. The second sentence, which has a relative clause, is much more natural.
These questions about the reading have relative clauses.
Practice your Business English on the business message board. Look for opportunities to use relative clauses to talk about stocks and mutual funds that you like.
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