Risk-Adjusted Mutual Fund Performance Measures Have Decreased in Popularity Because

question 4

Multiple Choice

Risk-adjusted mutual fund performance measures have decreased in popularity because

• A) in nearly efficient markets, it is extremely difficult for portfolio managers to outperform the market.
• B) the measures usually result in negative performance results for the portfolio managers.
• C) the high rates of return earned by the mutual funds have made the measures useless.
• D) in nearly efficient markets, it is extremely difficult for portfolio managers to outperform the market, and the measures usually result in negative performance results for the portfolio managers.
• E) None of the options are correct.

---

Definitions:

Somatic Nervous System

The somatic nervous system is a component of the peripheral nervous system associated with the voluntary control of body movements through the action of skeletal muscles.

Autonomic

Relating to the part of the nervous system that controls involuntary actions of the muscles and internal organs.

Abstract Thought

The ability of the human mind to consider concepts, ideas, and scenarios that are not immediately physically present or tangible.

Cerebrum

The largest part of the brain, responsible for voluntary activities, intelligence, learning, and memory.