Which One of the Following Statements Is False

question 53

Multiple Choice

Which one of the following statements is false?

• A) The responsibility for choosing the right mutual fund rests with the individual investor.
• B) Professional fund managers do make mistakes.
• C) Although investing in mutual funds provides professional management, individual investors should continually evaluate their mutual fund investments.
• D) There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds.
• E) Individual investors should be involved in choosing a mutual fund because they know how the objectives of a mutual fund match their own investment objectives.