When Selecting a Mutual Fund,since Past Performance Doesn't Necessarily Predict

question 53

True/False

When selecting a mutual fund,since past performance doesn't necessarily predict future results,you don't need to look at the fund's past performance.

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Definitions:

Long-Term Debt

Financial obligations of a borrowing entity that are due for repayment in more than one year's time.

Fixed Stream of Income

Income generated from investments that provide a constant amount of money at regular intervals.

Hang Seng

Refers to the Hang Seng Index, a stock market index in Hong Kong representing the performance of the largest companies listed on the Hong Kong Stock Exchange.

Stock Markets

Platforms where shares of publicly-held companies are bought and sold, contributing to the allocation of capital in an economy.