The Turnover for a Mutual Fund Refers To

question 77

Multiple Choice

The turnover for a mutual fund refers to:

• A)the length of time an average investor holds fund shares.
• B)a measure of trading activity.
• C)replacing the fund's investment manager.
• D)the annual change in the number of shares outstanding.
• E)the percentage change in the ownership of fund shares.

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Definitions:

Respiratory Muscle Strength

The force and endurance of the muscles involved in the process of breathing.

Vital Capacity

The maximum amount of air a person can exhale after a maximum inhalation, often measured as part of a pulmonary function test.

Atelectasis

a condition in which one or more areas of the lungs collapse or don't inflate properly, causing reduced air volume.

Pleuritis

Inflammation of the pleura, the double-layered membrane surrounding the lungs and lining the chest cavity.