The comparison universe is __________.
A)a concept found only in astronomy
B)the set of all mutual funds in the world
C)the set of all mutual funds in the U.S.
D)a set of mutual funds with similar risk characteristics to your mutual fund
E)none of the above

Question

Quizplus · Accepted Answer

The comparison universe refers to a set of mutual funds that have similar risk characteristics to a specific mutual fund. This helps investors compare the performance of their fund with similar funds in the market, which can aid in making investment decisions. Option A is incorrect as the comparison universe is not limited to astronomy, and options B and C are incorrect as they refer to all mutual funds, not just the comparable set.

The Comparison Universe Is __________