Index mutual funds require little human input and reduce management expenses.

Name: Index mutual funds require little human input and reduce management expenses.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Index mutual funds are passively managed, meaning they track a specific market index and require little human input to maintain the portfolio. This reduces management expenses compared to actively managed funds, which require frequent decision-making and research by investment professionals.

Index Mutual Funds Require Little Human Input and Reduce Management