Multiple Choice
The return on an index fund may be less than the return on the index it represents because of all of the following except
A) it may not own all the companies included in the index.
B) the load charge.
C) the expense ratio.
D) excessive commissions on frequent trades by the fund.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Some mutual funds have much higher expenses
Q8: On average,mutual funds have an expense ratio
Q11: The possibility that the Fed may raise
Q20: A stock mutual fund that pays higher
Q22: The net asset value (NAV) per share
Q79: Treasury bond funds with short maturities have
Q96: No-load mutual funds sell directly to investors
Q101: Before investing in a mutual fund, you
Q112: An advantage of investing in mutual funds
Q128: Mutual funds pool money from investors to