

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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