When You Buy a Mutual Fund, You

When you buy a mutual fund, you:

A) may be purchasing a fund that has unrealized capital gains on stocks held in the portfolio. You could be liable for the taxes if the fund sells those shares.
B) may be purchasing a fund that has unrealized capital losses on stocks held in the portfolio. You could be liable for the taxes if the fund sells those shares.
C) will not have any tax consequences on assets owned by the fund before you purchased the mutual fund.
D) Two of the above are correct