You Are Considering Investing in a No-Load Mutual Fund That

You are considering investing in a no-load mutual fund that focuses on growth stocks or in an index fund. The growth stocks fund had a five year average annual return of 11 percent with MER of 2.6 percent. The index fund had a five year average annual return of 11 percent with MER of 1.1 percent. Assuming equal risk, you should buy

A) the index fund.
B) the growth fund.
C) some of both, for diversification, as they performed equally.
D) neither, since the expenses are too high for funds of this type.