Which of the following is a feature of index funds?
A. They have lower fees.
B. They select and hold stocks to match the performance of a stock index.
C. They do not require managers to select stocks and decide when to buy and sell.
D. All of the above.
Answer:D
Which of the following is a feature of index funds?
A. They have lower fees.
 B. They select and hold stocks to match the performance of a stock index.
 C. They do not require managers to select stocks and decide when to buy and sell.
 D. All of the above.
