It Is Claimed That a Secondary Advantage of Mutual Funds

question 63

Multiple Choice

It is claimed that a secondary advantage of mutual funds is that

• A)an investor can avoid investment charges and fees.
• B)they give ordinary people access to loanable funds for investing.
• C)they usually outperform stock market indexes.
• D)they give ordinary people access to the skills of professional money managers.

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Definitions:

Summary Jury Trial

A shortened version of a trial conducted in less than a day before a jury. The jury’s verdict is advisory only.

Time Limit

A set duration or deadline by which a certain action must be completed or a decision must be made.

Arguments

Reasons or statements put forward to support or oppose a claim, idea, or proposal, especially in a legal, academic, or policy context.

Arbitration Hearing

A dispute resolution process where an arbitrator makes a decision to resolve a dispute outside of court.