Which One of the Following Statements Is False

Question 38
Multiple Choice

Which one of the following statements is false? A)An exchange-traded fund generally invests in the stocks or securities contained in a stock or securities index. B)With an exchange-traded fund, an investor can purchase as little as one share. C)The majority of exchange-traded funds tend to mirror the performance of the index. D)A passively-managed exchange-traded fund manager needs to make more decisions than an actively-managed mutual fund manager. E)No minimum dollar investment amount is required for exchange-traded funds.