Which of the following is true about MERs?
A) MERs only include manager and sales expenses.
B) Mutual funds with lower MERs tend to outperform those with higher.
C) All types of mutual funds have similar MERs.
D) You need to subtract the MER from the posted return to figure out performance.
Correct Answer:
Verified
Q23: Which of the following characteristics is true
Q24: Which of the following is true about
Q25: A fund with a favourable historical track
Q26: Exchange-traded funds (ETFs)are similar to index mutual
Q27: You are considering investing in a no-load
Q29: For mutual funds,the net asset value (NAV)is
Q30: The tracking error on an index mutual
Q31: Both segregated funds and mutual funds generally
Q32: Regarding load and no-load mutual funds
A)load funds
Q33: Global bond funds potentially offer higher yields
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