___________ is a measure of the trading activity of a mutual fund over a period.

Question

Quizplus · Accepted Answer

Turnover is a measure of how frequently the portfolio holdings of a mutual fund are bought and sold over a period. It is usually expressed as a percentage and provides an indication of the trading activity of the fund. A high turnover rate can indicate higher transaction costs and potentially lower returns for investors, while a low turnover rate can indicate a more passive investment strategy with lower transaction costs.

___________ Is a Measure of the Trading Activity of a Mutual