What can be used to compare the value of more-expensive funds to other, less expensive fund options?
A) portfolio diversification
B) exchange-trading
C) index value
D) derivative value
E) management expense ratio
Answer: E
Explanation: More-expensive funds don't necessarily generate better returns than less-expensive funds, so be sure to check the total annual expense ratio, or management expense ratio, when comparing funds.
Business
You might also like to view...
What four guidelines should you follow in writing effective closings to negative messages?
What will be an ideal response?
Business
If a delegatee has not assumed the duties under a contract, the delegatee is not liable to the obligee for nonperformance
Indicate whether the statement is true or false
Business