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

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asked Aug 20, 2021 144k views

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Prudhvi · Answer 1 · 2021-08-27T08:44:32+0000

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.

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

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