Which of the Following Statements Is False

question 64

Multiple Choice

Which of the following statements is false?

• A)Most investors in mutual funds will tell you that the most important consideration in evaluating a mutual fund is long-term performance.
• B)It is possible to compare a fund's long-term performance with the performance of the TSE 300 stock index.
• C)The length of time a fund's manager has been managing a fund should not be considered when evaluating a fund because the investment company has the right to replace a fund manager.
• D)Long-term performance should not be the only factor that you consider in evaluating a mutual fund.
• E)Information on a fund's long-term performance is available in its prospectus and in other sources of financial information.

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Definitions:

Federal Authority

refers to the powers and jurisdiction granted to the federal or national government of a country, as distinguished from the powers reserved for the states or provinces.

Wartime Expansion

The process of increasing military and economic resources during periods of war, often involving accelerated industrial production and workforce mobilization.

War Opposition

Public or political resistance against military conflicts or specific wars.

Northern Protesters

Individuals or groups in the northern regions, often referencing historical or contemporary movements, who actively demonstrate against specific issues or policies.