Which of the Following Is True About MERs

question 70

Multiple Choice

Which of the following is true about MERs?

• A)MERs only include manager and sales expenses.
• B)Mutual funds with lower MERs tend to outperform those with higher.
• C)All types of mutual funds have similar MERs.
• D)You need to subtract the MER from the posted return to figure out performance.

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Definitions:

Immune System Components

The cells and molecules, including antibodies, white blood cells, and the complement system, that work together to protect the body from infection and disease.

Adaptive Immune Response

The body's immune system's ability to recognize and specifically react to pathogens through the activation of lymphocytes, providing long-lasting protection.

Active Immunity

Immunity that develops as a result of exposure to antigens; it can occur naturally after recovery from a disease or can be artificially induced by immunization with a vaccine. Compare with passive immunity.

Passive Immunity

Temporary immunity that depends on the presence of immunoglobulins produced by another organism. Compare with active immunity.