Which One of the Following Statements Is False

question 129

Multiple Choice

Which one of the following statements is false?

• A)An exchange-traded fund generally invests in the stocks or securities contained in a stock or securities index.
• B)With an exchange-traded fund, an investor can purchase as little as one share.
• C)The majority of exchange-traded funds tend to mirror the performance of the index.
• D)A passively-managed exchange-traded fund manager needs to make more decisions than an actively-managed mutual fund manager.
• E)No minimum dollar investment amount is required for exchange-traded funds.

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