How do actively managed funds differ from passively managed funds?
A. Managers of actively managed funds use their discretion to buy and sell assets as they
attempt to generate higher returns.
B. Actively managed funds focus on stocks; passively managed funds focus on bonds.
C. Actively managed funds necessarily contain a greater variety of stocks or bonds than does
a passively managed fund.
D. Actively managed funds consistently outperform passively managed funds.
A. Managers of actively managed funds use their discretion to buy and sell assets as they
attempt to generate higher returns.
You might also like to view...
Refer to Figure 1A.2. The slope between points a and c is
A) -5. B) -6. C) 10. D) 30.
Economics assumes people
A) tend to compete more in markets than they do in government. B) tend to cooperate more in markets than they do in government. C) try to advance their own projects in market and government processes. D) try to pursue the public interest but find over time that only private interests matter.