Which of the Following Statements Is False

question 49

Multiple Choice

Which of the following statements is false?

• A)Investors purchase mutual funds for diversification.
• B)Investors purchase mutual funds because of professional management.
• C)Investors who purchase mutual funds are guaranteed a higher rate of return than a comparable investment in stocks or bonds.
• D)Professional mutual fund managers work for an investment company.
• E)Even the best portfolio managers sometimes make mistakes.

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Definitions:

Visible Minority

Refers to a group of people in a given population who are identified as not being part of the majority race or ethnicity, often used in the context of employment, education, and anti-discrimination policies.

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural cities, and bilingual population (English and French).

Population Age Structure Diagrams

Population age structure diagrams, also known as population pyramids, visually represent the age and sex distribution of a population, providing insights into birth rates, death rates, and life expectancy.

Death Rates

The number of deaths per unit, usually 1,000 or 100,000, of the population in a specified area or group.