Index Funds Tend to Have Lower Expenses Than Other Funds

question 12

True/False

Index funds tend to have lower expenses than other funds because they do not incur the costs of professional portfolio management.

---

Definitions:

95-Day Note

A financial instrument specifying repayment of a loan or debt within 95 days.

5-Month Note

A short-term financial instrument that matures or is due for payment in five months.

Calculating Interest

The process of determining the cost of borrowing money or the earnings from lending money, based on the principal amount, rate, and time period.