McqMate
| Q. |
Which of the following is not a reason why Index funds typically incur lower expenses than other mutual funds? |
| A. | Index funds are not actively managed |
| B. | There are no expenses for research |
| C. | The portfolio is reversed infrequently, so the transaction cost is low. |
| D. | The security and Exchange Commission set a limit on index fund expenses |
| Answer» D. The security and Exchange Commission set a limit on index fund expenses | |
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