QUESTION 35
In comparison to their relevant index, most actively managed mutual funds:
a. Outperform during bull markets. |
||
b. Outperform during the majority of bear and bull markets. |
||
c. Match their benchmark return the majority of the time. |
||
d. Underperform the majority of the time. |
QUESTION 36
Which of the following statements regarding exchange-traded funds (ETFs) is least likely to be accurate?
a. ETFs can be sold short. |
||
b. ETFs are more tax efficient than open-end mutual funds. |
||
c. ETFs cannot be purchased with margin accounts. |
||
d. ETFs can be traded during the day at market values that reflect the underlying index values. |
In comparison to their relevant index, most actively managed mutual funds:
d. Underperform the majority of the time.
The least likely to be accurate:
d. ETFs can be traded during the day at market values that reflect the underlying index values.
QUESTION 35 In comparison to their relevant index, most actively managed mutual funds: a. Outperform during...
Most actively managed mutual funds, when compared to a market index such as the Wilshire 5000, A. beat the market return in all years. B. beat the market return in most years. C. exceed the return on index funds. D. do not outperform the market.