Examlex
Which of the following is true of the NASDAQ Composite Index?
Actively Managed
Refers to investment funds where portfolio managers make specific investments with the goal of outperforming an investment benchmark index.
Mutual Funds
Investment programs funded by shareholders that trade in diversified holdings and are managed by professional investment managers.
Index Funds
Index Funds are mutual funds or exchange-traded funds (ETFs) designed to follow certain preset rules so that the fund can track a specified basket of underlying investments.
Efficient Markets Hypothesis
The Efficient Markets Hypothesis suggests that asset prices in financial markets fully reflect all available information at any given time, making it impossible to consistently achieve higher returns than the overall market.
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