Mutual funds
A)are unregulated.
B)are required to disclose the names of their portfolio managers in the prospectus.
C)are not required to disclose any information about their past performance.
D)are exempt from all taxes.

Question

Mutual funds
A)are unregulated.
B)are required to disclose the names of their portfolio managers in the prospectus.
C)are not required to disclose any information about  their past performance.
D)are exempt from all taxes.

Quizplus · Accepted Answer

Mutual funds are regulated and must adhere to various disclosure requirements, including disclosing the names of their portfolio managers in the prospectus. They are also required to disclose information about their past performance and are not exempt from all taxes.

Mutual Funds