Upon retirement, Anh wants to invest her super in a fund where the manager has a buy and hold strategy. She just wants the portfolio to follow the market and is interested in high liquidity. Given the following advertisements of funds, which fund is best suited to her investment preferences?

Select one:

a. Fund B: Actively managed, open-ended, Income Fund earning 8%

b. Fund C: Actively managed, open-ended, Growth Fund earning 8%

c. Fund E: Passively managed, open-ended, Index Fund earning 6%

d. Fund A: Passively managed, closed-ended, Balanced Fund earning 10%

e. Fund D: Actively managed, closed-ended, Aggressive Growth Fund earning 10%