Which of the following is true?
A) Managed equity funds that have yielded attractive returns during the last 5 or 10 years can generally be counted on to yield similar returns in the future.
B) Managed funds generally outperform indexed equity mutual funds.
C) An investment strategy that yielded a high rate of return in the past will often yield below-average returns in the future.
D) Indexed equity mutual funds are usually tied directly to either the Consumer Price Index or the GDP deflator.

Question

Quizplus · Accepted Answer

Past performance of an investment strategy does not guarantee future results, and strategies that have performed well in the past may not continue to do so, often leading to below-average returns.

Which of the Following Is True