Which of the following is a disadvantage to mutual fund investing?
A) On average they underperform the market returns.
B) Costs may be high and vary dramatically from fund to fund.
C) Not all mutual funds are truly safe.
D) You cannot diversify away systematic risk.
E) All of the above
Answer: E
Business
You might also like to view...
The agent is only empowered to perform a specific act and cannot contractually commit the principal. This is an example of a Listing agreement. What type of agency is this?
A. Express B. Implied C. General D. Specific
Business
Ads based on ____________ strategies are often perceived as more informative than ____________ ads
a. visualization; text-only b. expert; power c. visualization; affective d. utilitarian; text-only e. visualization; expert
Business