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Sally is the manager for a mutual fund that she actively manages. Which of the following is LEAST LIKELY to be mentioned by Sally as
Sally is the manager for a mutual fund that she actively manages. Which of the following is LEAST LIKELY to be mentioned by Sally as an advantage of actively managed funds over passively managed funds?
- A. Having a professional manager who seeks to beat the returns of the market.
- B. Having a professional manager who can respond to market conditions and quickly change portfolio allocations.
- C. Having a fund that is typically more tax efficient than passive funds.
- D. All of the above are likely to be mentioned as advantages of actively managed funds
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