Which of the Following Is True

Multiple Choice

Which of the following is true?

A) Managed equity funds that have yielded attractive returns during the last 5 or 10 years can generally be counted on to yield similar returns in the future.
B) Managed funds generally outperform indexed equity mutual funds.
C) An investment strategy that yielded a high rate of return in the past will often be disastrous in the future.
D) Indexed equity mutual funds are usually tied directly to either the Consumer Price Index or the GDP deflator.