In order to assess the performance of a diversified mutual fund invested in stocks, one would use the ________ because it is a broad benchmark.

Name: In order to assess the performance of a diversified mutual fund invested in stocks, one would use the ________ because it is a broad benchmark.
Brand: Quizplus
Rating: 4.9 (50 reviews)

Question

Quizplus · Accepted Answer

The S&P 500 Index is a broad benchmark that includes 500 of the largest companies in the U.S. and is commonly used to assess the performance of diversified mutual funds invested in stocks.

In Order to Assess the Performance of a Diversified Mutual