Which of the Following Statements About Mutual Funds Is Correct

question 16

Multiple Choice

Which of the following statements about mutual funds is correct?

• A)A mutual fund is not a financial intermediary.
• B)A disadvantage of buying mutual funds is a lack of diversification
• C)People who buy shares from a mutual fund are guaranteed a minimum return.
• D)On average index funds outperform managed funds.

---

Definitions:

Oil Changes

A routine maintenance task for vehicles involving the replacement of old engine oil and oil filters to ensure proper engine function.

Cumbersome

Describing something as difficult to handle or use due to its size, weight, or complexity.

Surveillance

The act of closely observing someone or something, often for protection, security, or data collection purposes.

Tracking Software

Applications or systems designed to monitor and record the activity or movements of objects, individuals, or digital events.