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NEW QUESTION: 1
Studies have found that mutual fund managers tend to have
A. little market timing ability.
B. moderate market timing ability.
C. great market timing ability.
D. ignored the potential of market timing.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Most studies in this area have found that funds could not consistently generate superior returns through attempts at market timing. In fact, many have found that mutual funds cannot outperform passive investment strategies.


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