The Average Annual Fee on Actively Managed Exchange-Traded Funds Is

question 18

Multiple Choice

The average annual fee on actively managed exchange-traded funds is ________.

• A)zero
• B)lower than the typical annual fee on open-end mutual funds
• C)higher than the typical annual fee on open-end mutual funds
• D)the same as the typical annual fee on open-end mutual funds

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Definitions:

Papal States

A series of territories in the Italian Peninsula that were directly governed by the Pope from the 8th century until 1870.

Francesco Crispi

An Italian statesman and a key figure in the unification of Italy who served as Prime Minister at various times between 1887 and 1896.

Political Alliances

Agreements between two or more parties, often countries, to work together toward common goals.

Northern Industrialists

Entrepreneurs and business owners in the northern United States before and during the Civil War who benefited from and supported industrialization and the abolition of slavery.