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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Definitions:

Altruistic Goals

Objectives aimed at benefiting others without expecting personal gain, reflecting selflessness and concern for the well-being of others.

Material Interests

Concerns or priorities based on tangible resources, assets, and physical or economic well-being rather than abstract or spiritual factors.

Physical Maturation

The biological growth processes that enable orderly changes in behavior, mostly independent of the environment but influenced by it.

Emotional Turbulence

Intense, rapidly changing, or conflicting feelings and emotions.