How do index funds keep their expense ratios low?
A) They trade stocks,often for maximum gains.
B) They maintain their holdings in the same proportion as well-known indexes.
C) They have a team of professionals watch for the best options so as to continually tune the fund's performance.
D) They hold less than 20 companies in the fund.
Correct Answer:
Verified
Q1: Net asset value is calculated by the
Q2: _ is a market-performance measurement index.Derived from
Q4: The first mutual funds were _ mutual
Q5: Mutual funds are regulated by
A)The Securities Act
Q6: Closed-end mutual funds _.
A)allow investors to add
Q7: What does NAV measure?
A)The total value of
Q8: Secondarily,mutual funds are categorized into _ funds.
A)open
Q9: Which factors are considered in calculating a
Q10: Mutual funds are first categorized into _
Q11: All open-end mutual funds _.
A)open up for
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