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Which of the following alternatives characterizes an index fund? (one ore more answers may be correct) A. low fund fees B. invests in shares so

Which of the following alternatives characterizes an index fund? (one ore more answers may be correct)

A. low fund fees

B. invests in shares so that the fund's investments correspond to an equity index

C. lack of experts in investment strategies

D. lower returns than fixed income funds

E. lower returns compared to more specialized funds

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