Which of the Following Is Not an Advantage of a Mutual

question 32

Multiple Choice

Which of the following is not an advantage of a mutual fund versus a variable annuity?

• A)Favorable capital gains rates on equity fund,appreciation and dividends
• B)Higher total expense ratios and a redemption charge for annuities
• C)Limitation on investment choice for annuities
• D)All of the above are advantages of a mutual fund versus a variable annuity
• E)None of the above is an advantage of a mutual fund versus a variable annuity

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