Studies of Mutual-Fund Performance

Multiple Choice

Studies of mutual-fund performance

A) indicate that one should not randomly select a mutual fund.
B) indicate that historical performance is not necessarily indicative of future performance.
C) indicate that the professional management of the fund insures above market returns.
D) indicate that one should not randomly select a mutual fund and indicate that historical performance is not necessarily indicative of future performance.
E) indicate that historical performance is not necessarily indicative of future performance and indicate that the professional management of the fund insures above market returns.