Multiple Choice
Which of the following is false regarding mutual funds?
A) A mutual fund can deviate from its stated investment objective.
B) Mutual funds are generally managed without concern for the tax consequence to its shareholders.
C) It is common for mutual funds to underperform the stock market.
D) Mutual funds have experienced a decline in assets over the past twenty years.
E) Mutual fund investing has increased in part due to the growth of defined contribution plans.
Correct Answer:
Verified
Correct Answer:
Verified
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