Risk-Adjusted Mutual Fund Performance Measures Have Decreased in Popularity Because

question 55

Multiple Choice

Risk-adjusted mutual fund performance measures have decreased in popularity because

• A)in nearly efficient markets, it is extremely difficult for portfolio managers to outperform the market.
• B)the measures usually result in negative performance results for the portfolio managers.
• C)the high rates of return earned by the mutual funds have made the measures useless.
• D)in nearly efficient markets, it is extremely difficult for portfolio managers to outperform the market, and the measures usually result in negative performance results for the portfolio managers.

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Definitions:

Nucleotides

Organic molecules that serve as the basic building blocks of nucleic acids, such as DNA and RNA, composed of a nitrogenous base, a five-carbon sugar, and one or more phosphate groups.

Mutation

A sudden variation in an inheritable characteristic, as distinguished from a variation that results from generations of gradual selection.

Central Nervous System

The part of the nervous system that consists of the brain and spinal cord, responsible for integrating sensory information and responding accordingly.

Peripheral Nervous System

The portion of the nervous system that lies outside the brain and spinal cord, consisting of nerves and ganglia, involved in connecting the central nervous system to the rest of the body.