How Can Investors Reasonably Justify Buy Actively Managed Funds Instead

Multiple Choice

How can investors reasonably justify buy actively managed funds instead of index funds?

A) higher management fees usually suggests better performance
B) the fund consistently outperformed the market,net of fees,and is expected to continue to do so
C) the fund outperformed the S&P 500 by 4% last year
D) the portfolio manager is new and considered a star analyst