Which of the Following Is Not Correct

question 7

Multiple Choice

Which of the following is not correct?

• A) When evaluating a mutual fund, an important consideration is how long the present fund manager been managing the fund.
• B) Over many years, the majority of managed mutual funds have failed to outperform the Standard & Poor's 500 stock index.
• C) Managed funds may be open-end funds or closed-end funds.
• D) A benchmark of a good fund manager is the ability to increase share value when the economy is good and retain that value when the economy is bad.
• E) A managed fund will outperform an index fund only 60% of the time.

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