A fund with a favourable historical track record is likely to outperform most other funds in the future.

Question

Quizplus · Accepted Answer

Past performance is not a guarantee of future performance. A fund's past success may be due to a specific set of market conditions or investment decisions that may not be repeated in the future. It is important to consider a fund's investment strategy and management team when making investment decisions.

A Fund with a Favourable Historical Track Record Is Likely