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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Definitions:

Stressors

Events or conditions that cause stress or tension by challenging an individual's ability to cope.

Adaptation-Level Phenomenon

The tendency of humans to quickly adjust to and normalize new stimuli or changes, using them as a new benchmark or standard.

Subjective Well-Being

An individual's self-assessed happiness or satisfaction with life, including emotional and cognitive judgments.

Relative Deprivation

A perceived disadvantage by comparing oneself to others, feeling deprived of something others possess.