The Average Annual Fee on Actively Managed Exchange-Traded Funds Is

question 104

Multiple Choice

The average annual fee on actively managed exchange-traded funds is ________, which is _________.

• A)zero.
• B)lower than the typical annual fee on open-end mutual funds.
• C)higher than the typical annual fee on open-end mutual funds.
• D)the same as the typical annual fee on open-end mutual funds.

---

Definitions:

Human Nature

The intrinsic characteristics, behaviors, and motivations that are considered inherent in all human beings.

Unconscious

A part of the mind that contains thoughts, memories, and desires not directly accessible to awareness but that can influence behavior.

Neurotic Disturbance

Describes psychological issues characterized by anxiety, depression, or other forms of emotional distress, not arising from psychosis.

Dreams

A series of thoughts, images, and sensations occurring in a person's mind during sleep, often interpreted for psychological significance.