While Reviewing Mutual Fund Reports,Alex Noticed That a Fund Was

question 36

Multiple Choice

While reviewing mutual fund reports,Alex noticed that a fund was reported as "closed".What is the primary reason for closing a fund?

• A)all issued shares have been sold
• B)the fund is suffering a loss
• C)the NAV has declined noticeably
• D)the fund has grown too large in size
• E)the fund is underperforming its peers

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Definitions:

Witnessed

To have seen or experienced an event firsthand, often used in the context of legal or psychological observations.

Recall

The act of retrieving information or memories from one's mind without the aid of cues.

Information

Data that is processed, organized, or structured in a given context to make it meaningful or useful.

Particular Event

A specific occurrence or happening, often noteworthy or significant in some regard.