Which of the following types of mutual funds best describes one in which an "expert" seeks to pick the stock holdings in a way that maximizes the rate of return?
a. indexed equity mutual fund
b. managed equity mutual fund
c. supervised equity mutual fund
d. marked equity mutual fund
Answer: b. managed equity mutual fund
You might also like to view...
Globalization is:
a. A 21st century phenomenon b. A 20th century phenomenon c. A 19th century phenomenon d. All of the above
A comparison of two things or ideas using the words "like" or "as," such as Turning the course of this economic downturn has been like stopping an avalanche; it's possible, but very, very difficult, is a(n) ____________________
Fill in the blank(s) with correct word
In the organizational pyramid, the ________ structure is the glue that holds the vertical levels together.
A. authority B. divisional C. accountability D. managerial E. hierarchical
A state has a state unemployment tax rate of 5.2%. What is the FUTA rate in that state?