Milton Is Responsible for Administering a Very Large Mutual Fund's

Milton is responsible for administering a very large mutual fund's investment in a technology company.He carefully scrutinizes the company's acquisitions and a recent take-over bid,however,he does not ever become involved in the day-to-day management of the company,preferring to just sit back and let the managers do their job.The mutual fund is _________ shareholder in this example.

A) a passive
B) an active
C) both passive and active
D) a majority
E) a minority