Which One of the Following Statements Is False

question 52

Multiple Choice

Which one of the following statements is false?

• A) As an investor, you should be concerned with how long a fund manager has been managing a mutual fund.
• B) Often, a fund's success is tied to the manager's ability to buy and sell securities in the fund.
• C) If a manager has been managing a fund for 5 or 10 years, it is time to change managers and get someone with new ideas.
• D) Ultimately, the fund manager is responsible for a fund's success.
• E) Managed funds may be open-end funds or closed-end funds.

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Definitions:

Consonant

A basic speech sound in which the breath is at least partially obstructed, and which can be combined with a vowel to form a syllable.

Arthritis

A condition characterized by inflammation of one or more joints, leading to pain and stiffness that can worsen with age.

Dermatology

The branch of medicine dealing with the skin, nails, and hair, and their diseases.

Centigrade

A temperature scale where 0 degrees is the freezing point of water, and 100 degrees is the boiling point, also known as Celsius.