Index funds tend to have lower expenses than other funds because they don't incur the costs of professional portfolio management.

Name: Index funds tend to have lower expenses than other funds because they don't incur the costs of professional portfolio management.
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Quizplus · Accepted Answer

This statement is true. Index funds simply track a particular market index and do not require active management by professionals, which generally results in lower expenses for investors.

Index Funds Tend to Have Lower Expenses Than Other Funds