The Record of Investing in U

Multiple Choice

The record of investing in U.S.-based international mutual funds

A) suggests that it is a bad idea-the costs outweigh the benefits for U.S. investors.
B) without exception, they have higher returns than the U.S. market (as proxied by the S&P 500 index) and slightly lower risk.
C) suggests that for the most part, they have higher returns than the U.S. market (as proxied by the S&P 500 index) but with slightly higher risk.
D) none of the above