An Investor Should Be Cautious When Selecting a Fund Based

question 107

True/False

An investor should be cautious when selecting a fund based solely on the manager's past performance,since past performance may not be repeated in the future.

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Definitions:

Indirect Strategy

An approach to communication where relevant background information and explanations are provided before delivering the main message, often used to soften bad news or persuade.

Background Information

This term describes the essential context or previous data about a topic, necessary for understanding the current situation or analysis.

Indirect Strategy

A communication approach that presents the main point or conclusion after the provision of supportive evidence or arguments.

Sensitive Messages

Communications that require careful handling due to the potential for impacting the recipient emotionally or generating controversy.