Multiple Choice
The _________________ the turnover,the more you will pay in transaction fees (incorporated in the expense ratio) ,and the more you will pay in capital gains when the assets are sold._________________ turnover funds will have lower transaction costs and lower capital gains.
A) Higher; low
B) Lower; high
C) Higher; high
D) Lower; low
Correct Answer:

Verified
Correct Answer:
Verified
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