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Empirical studies of returns earned by mutual funds suggest they consistently outperform the market.True or False?
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5 votes
Empirical studies of returns earned by mutual funds suggest they consistently outperform the market.True or False?

User Quirky Purple
by
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1 Answer

4 votes

Answer:

False

Step-by-step explanation:

Studies of mutual fund performance indicate that mutual funds that outperformed the market in one time period usually do not beat the market in the next time period.

User Prudhvi
by
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