Multiple Choice
The least risk exposure would be appropriate for a mutual fund which:
A) generates income for investors living on a fixed income.
B) is oriented toward capital gains for wealthy investors.
C) is designed for young, upwardly mobile professionals.
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Under the Sharpe, Treynor, and Jensen approaches,
Q16: In an index fund,<br>A)returns are adjusted for
Q17: A positive alpha is an indication of:<br>A)low
Q18: Using the Jensen approach, the adequacy of
Q19: In examining the performance of fund managers,
Q21: The Sharpe measure on a portfolio which
Q22: Over 20-year rolling periods, the worst performance
Q23: Most funds show a positive performance compared
Q24: Most funds' performance in terms of R<sup>2</sup>
Q25: The best way to measure adherence to