As an investigator evaluating how well mutual fund managers select undervalued stocks or forecast market returns, discuss

Question:

As an investigator evaluating how well mutual fund managers select undervalued stocks or forecast market returns, discuss whether net or gross (before fund expenses) returns are more relevant.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...

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