Which of the following fund types would likely have the lowest turnover?

Question

Quizplus · Accepted Answer

Index funds are designed to track a specific market index, such as the S&P 500, and therefore have a low turnover rate as they only buy and sell securities within that index when the index itself changes. Capital appreciation funds, social conscience funds, corporate bond funds, and international stock funds may have higher turnover rates as they actively manage their portfolios to achieve their investment objectives.

Which of the Following Fund Types Would Likely Have the Lowest