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Del Guerico and Reuter (2014) Report That the Average Underperformance

Question 50

Multiple Choice

Del Guerico and Reuter (2014) report that the average underperformance of actively-managed mutual funds is driven largely by

A) sector mutual funds.
B) index funds.
C) direct-sold funds.
D) broker-sold funds.
E) bank-sold mutual funds.

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