Empirical Researches on Investment Companies Indicate That

Multiple Choice

Empirical researches on investment companies indicate that:

A) load funds outperform no-load funds.
B) larger funds beat smaller funds.
C) they have done slightly better than the market after netting out transaction costs.
D) individual funds cannot consistently outperform the market.
E) funds with more turnovers outperform those having fewer turnovers.