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The Investment Approach of One of TIAA-CREF's Mutual Funds Is

Question 2

Multiple Choice

The investment approach of one of TIAA-CREF's mutual funds is: "[This fund]. . .seeks a favorable long-term rate of return from a diversified portfolio selected to track the overall market for common stocks publicly traded in the United States, as represented by a broad stock market index." This fund is a(n) :


A) active fund.
B) passive fund.
C) asset fund.
D) market fund.

Correct Answer:

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