The Manager of a Passive Mutual Fund

question 75

Multiple Choice

The manager of a passive mutual fund:

• A) invests only in risk-free assets like Treasury bonds.
• B) reacts slowly to changes in stock markets.
• C) does nothing.
• D) tries to track a broad stock market index.

---

Definitions:

Cathartic Release

A psychological concept where expressing or letting out emotions is believed to provide relief from emotional distress.

Disrespectful

Pertains to showing a lack of respect or courtesy towards someone or something, often resulting in hurt feelings or offense.

Whiny

Characterized by a complaining or grumbling tone or behavior, often perceived as irritating.

Effective Service

Delivery of services in a manner that achieves desired outcomes efficiently and satisfactorily.