Most professionally managed equity funds generally
A) outperform the S&P 500 Index on both raw and risk-adjusted return measures.
B) underperform the S&P 500 Index on both raw and risk-adjusted return measures.
C) outperform the S&P 500 Index on raw return measures and underperform the S&P 500 Index on risk-adjusted return measures.
D) underperform the S&P 500 Index on raw return measures and outperform the S&P 500 Index on risk-adjusted return measures.
E) match the performance of the S&P 500 Index on both raw and risk-adjusted return measures.

Question

Quizplus · Accepted Answer

Most professionally managed equity funds tend to underperform the S&P 500 Index on both raw and risk-adjusted return measures, largely due to fees, expenses, and the difficulty of consistently outperforming the market.

Most Professionally Managed Equity Funds Generally