Besides Size, How Else Does a Mutual Fund Style Box

question 99

Multiple Choice

Besides size, how else does a mutual fund style box classify equity funds?

• A)cost and fees as a percent of NAV
• B)taxability at federal, state, and local levels
• C)value versus growth characteristics
• D)age of the fund
• E)short and long-term rates of return

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Definitions:

Short Run

in economics, refers to a period during which at least one input, such as plant size, is fixed and cannot be changed.

Long Run

A period of time in economics where all factors of production and costs are variable, allowing for complete adjustment to changes in market conditions.

Fixed Resource

An asset or input whose quantity cannot be altered in the short run for the production of goods and services.

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.