If a Share Trust Reports a High Return in a Period

question 14

True/False

If a share trust reports a high return in a period, it does not necessarily follow that the fund manager has performed well.

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Definitions:

U.S. Clothing Manufacturer

A company based in the United States that produces clothing and apparel items for distribution and sale.

Specifications

Specifications are detailed requirements for the design, materials, and performance standards of a project or product.

Protective Tariff

A levy placed on foreign goods to safeguard local industries by increasing the cost of imports, hence reducing their attractiveness compared to domestic products.

Imported Wine

Wine that is brought into a country from another country, typically for retail and consumption within the importing country.