11. Which statement is not true about index funds as compared to actively managed funds? A. They have lower expense ratios B. They tend to be less profitable than actively managed funds C. They usually have lower turnover in buying and selling assets than actively managed funds D. They tend to have lower capital gains tax than actively managed assets because the assets are usually held longer before being sold

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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11. Which statement is not true about index funds as compared to actively managed funds?
A. They have lower expense ratios
B. They tend to be less profitable than actively managed funds
C. They usually have lower turnover in buying and selling assets than actively managed funds
D. They tend to have lower capital gains tax than actively managed assets because the assets are
usually held longer before being sold
Transcribed Image Text:11. Which statement is not true about index funds as compared to actively managed funds? A. They have lower expense ratios B. They tend to be less profitable than actively managed funds C. They usually have lower turnover in buying and selling assets than actively managed funds D. They tend to have lower capital gains tax than actively managed assets because the assets are usually held longer before being sold
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