Which time period should investors use when comparing mutual funds? Latest one-year return, ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one- year return, ending the most recent Dec31 No specific time period is necessarily better than any other
Which time period should investors use when comparing mutual funds? Latest one-year return, ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one- year return, ending the most recent Dec31 No specific time period is necessarily better than any other
Chapter13: Investment Fundamentals
Section13.1: Starting Your Investment Program
Problem 4CC
Question
![Which time period should investors use when comparing mutual funds? Latest one-year return,
ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one-
year return, ending the most recent Dec31 No specific time period is necessarily better than any other](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcde5b51b-db75-4182-8926-efc8ee4f15aa%2F5d65d718-5a3f-461a-a975-b66f7e0713a1%2Fr79hmo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which time period should investors use when comparing mutual funds? Latest one-year return,
ending the most recent month end Latest five-year return, ending the most recent Dec31Latest one-
year return, ending the most recent Dec31 No specific time period is necessarily better than any other
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