Mutual Funds with High Fees

question 37

Multiple Choice

Mutual funds with high fees:

• A) tend to perform better than funds with low fees.
• B) are usually passive funds.
• C) should be avoided because high fees reduce your return.
• D) are poor performers in the short run but provide above-market returns if held for a decade or longer.

Understand the role of a salesperson in advising clients and providing value through problem-solving.

Acknowledge the importance of follow-up and service after the sale.

Distinguish between wisdom and knowledge in sales and their application.

Comprehend the significance of relationship marketing and customer service in sales success.

---

Definitions:

Sensory Interaction

The way different senses like sight, smell, and taste may influence and interact with each other to affect the perception of the environment.

The McGurk Effect

A perceptual phenomenon where visual cues (lip movements) affect auditory perception, demonstrating the interaction between hearing and vision in speech perception.

Psychokinesis

The claimed ability to move or influence objects without physical interaction, often considered a paranormal phenomenon.

Sensory Interaction

The process by which different senses, such as sight and sound, affect each other and how we perceive the world.