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NEW QUESTION: 1
Empirical studies of mutual fund performance indicate that:
A. an index-based strategy provides better results than most actively managed portfolios
B. selection of benchmark does not influence results
C. more aggressive funds do not have higher risk
Answer: A
Explanation:
Empirical evidence finds that funds using a buy-and-hold, or index, strategy offer the highest risk-adjusted returns. This suggests that most mutual fund managers do not have forecasting ability that can provide risk-adjusted returns above the market averages. The poor risk-adjusted performance of actively managed funds has led to the recent introduction and widespread acceptance of several mutual funds indexed to broad market averages.

NEW QUESTION: 2

A. Option A
B. Option E
C. Option C
D. Option D
E. Option B
Answer: B,D,E

NEW QUESTION: 3
A security consultant is considering authentication options for a financial institution. The following authentication options are available. Drag and drop the security mechanism to the appropriate use case. Options may be used once.

Answer:
Explanation: