Which Refers to a Mutual Fund for Which Its Manager

question 96

Multiple Choice

Which refers to a mutual fund for which its manager buys and sells stocks regularly in order to maximize the fund's returns?

• A) liquid fund
• B) efficient market fund
• C) active fund
• D) passive fund

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Definitions:

Unrealistic Expectations

Expectations that are unachievable or overly ambitious, often leading to disappointment or failure.

Transformational Leader

A type of leader who inspires and motivates followers to achieve extraordinary outcomes by transforming their beliefs and values.

Potential Payoff

The expected or anticipated return or benefit derived from an investment or action.

Subordinates

Individuals who are lower in rank or position within an organization, often reporting to a supervisor or manager.