In an index fund,
A)returns are adjusted for changes in the consumer price index.
B)funds are invested in a mutual fund that attempts to replicate the performance of a major market index.
C)investors are guaranteed returns equal to a major market index.
D)high commissions and management fees are charged because of attempts to beat the market.

Question

Quizplus · Accepted Answer

In an index fund, funds are invested in a mutual fund that attempts to replicate the performance of a major market index.

In an Index Fund