To Calculate a Mutual Fund's Excess Return, Morningstar Uses as a Reference

question 32

Multiple Choice

To calculate a Mutual Fund's excess return, Morningstar uses as a reference the yield of

• A) CD's.
• B) three month Treasury bills.
• C) 20 year Treasury bonds.
• D) S and P 500.

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Definitions:

Conservative Realism

An approach or mindset that emphasizes pragmatism and practicality, often prioritizing traditional methods and realism over radical changes or idealism.

Creative Idealism

The belief in pursuing innovative and idealistic solutions that go beyond conventional thinking, driven by creativity and optimism.

Traditional

Pertaining to long-established customs, beliefs, or methods that are passed down from generation to generation.

Exploitation

The act of unfairly using someone or something for one's own advantage, often economically or socially.