It Is Claimed That a Secondary Advantage of Mutual Funds

question 63

Multiple Choice

It is claimed that a secondary advantage of mutual funds is that

• A)an investor can avoid investment charges and fees.
• B)they give ordinary people access to loanable funds for investing.
• C)they usually outperform stock market indexes.
• D)they give ordinary people access to the skills of professional money managers.

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Definitions:

Strategic Plans

A systematic process for defining long-term organizational goals, actions needed to achieve those goals, and resource allocation to execute those actions.

Tactical Planning

Short-term, specific planning that links strategic goals and objectives to operational activities.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a fuel and in the production of chemical products.

Home Heating Oil

A petroleum-derived fuel oil used in furnaces or boilers for heating residential and commercial buildings.