A disadvantage of a fund-of-funds is
A) it is unregulated.
B) it is typically poorly diversified.
C) it has a high expense ratio.
D) it has adverse income tax characteristics.
Correct Answer:
Verified
Q15: With a load fund,
A) the ask price
Q16: In calculating the holding period return for
Q17: An important risk feature of bond mutual
Q18: The size of the expense ratio is
Q19: A fund invested 90% in stock and
Q21: The legal document describing a mutual fund
Q22: From the beginning NAV at the beginning
Q23: A balanced mutual fund is a mix
Q24: All but one of the following is
Q25: The primary difference between a mutual fund
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