Most actively managed mutual funds when compared to a


Most actively managed mutual funds, when compared to a market index such as the Wilshire 5000, usually

a. Outperform during bear markets but not during bull markets.

b. Do not outperform the market index.

c. Exceed the performance of most index funds.

d. Outperform during bull markets but not during bear markets

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Financial Management: Most actively managed mutual funds when compared to a
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